Page 49 - Forbes - India (January 2020)
P. 49

bira 91



                                                                                                     madhu kapparath





































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           This is the power of Boom,” says   and so has our ambition,” he says. The   Jain explains, has not been on his
           the founder of B9 Beverages. Boom,   target is to become the beer of choice   side. “We are rooted in modernity.”
           he lets on, was the primary reason   for consumers. For a company that   Ironically, it’s the tradition of
           for the tremendous growth in 2019   had a modest aim of selling across   the beer market in India, which
           even though the industry was in the   just 30 pubs in Hauz Khas in Delhi in   has historically skewed towards
           throes of a slowdown. While Bira 91   February 2015 to becoming the fifth   strong beer, that is helping Jain
           managed to grow at a brisk pace in   biggest and now wanting to break   make the most of Boom’s success.
           the premium markets of top cities—its   into the top three, the quantum jump   The modern element, though, is
           biggest is Delhi and second largest   in aspiration is striking. “We are a   that the beers are not plain vanilla.
           Bengaluru—Boom helped it make     refreshingly modern brand as opposed   They are flavoured. “This generation
           massive inroads into the hinterland.   to traditional,” says Jain, who once   loves flavourful beers,” he says.
           “We have been able to penetrate really   identified himself and the brand with   Non-metro India is getting a hang
           deep into Bharat,” says the founder.    craft beer. “I can’t sort of deny the   of strong flavoured brew. “Tier II
             Jain is now brewing a heady plan.   fact that that’s where the journey   and beyond is where the action is,”
           “Revenues have jumped brilliantly   really started,” he says. Tradition,   says Rahul Singh, founder of Beer



                                                                                        january 31, 2020 • forBes indiA
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