InBev might be cutting jobs in St. Louis, but they plan on adding production capacity in India.
The Belgian-based brewing conglomerate plans to build a new brewery in northern India in either in Haryana or Rajasthan. Plans are for the brewery to be completed during 2009. InBev sees the Indian market for beer as a growth opportunity and currently its brands are available in just a few major cities. The new plant will help the company expand distribution.
InBev wants to produce 3-4 million cases annually at the brewery. Brands slated for the brewery include Tennet's and Becks.
I am surprised that they do not want to sell Bud out of that brewery. It cost them the kitchen sink...
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