Pernod Ricard India | INR 1,800 Crores | Land Acquisition for Asia’s Largest Malt Distillery
Legal Advisor: Dhaval Vussonji & Associates (DVA)
Dhaval Vussonji & Associates advised Pernod Ricard India on the strategic acquisition of approximately 88.5 acres of industrial land at Butibori MIDC, Nagpur, for a landmark investment of INR 1,800 Crores. The land will house Asia’s largest malt distillery and maturation facility, marking a major milestone in the Indian and Asian alcoholic beverages sector.
DVA provided comprehensive legal support on the transaction, including title due diligence, analysis of applicable regulations, government notifications, and guidance on the legal aspects of land acquisition in the MIDC region.
The project has garnered strong support from the Government of Maharashtra, recognizing its potential to generate substantial economic and social impact. Beyond establishing a manufacturing facility of global scale, the project is expected to create significant local employment, empower farmers, and stimulate skill development and entrepreneurship in the region.
This transformative project aligns with broader national objectives of fostering a self-reliant, diversified economy, while boosting regional infrastructure and revenue generation.