Signature Whisky Price List in Jharkhand 2023: An Overview

Whisky is one of the most popular spirits in India, and its demand is on the rise. Jharkhand, located in eastern India, is seeing a surge in whisky consumption. Known for its mineral-rich landscape, Jharkhand is home to several whisky brands including the locally produced Signature whisky.

In this article, we will look at the latest Signature whisky price list in Jharkhand for 2023.

An Overview of Signature Whisky

Signature is a brand of Indian whisky produced by Radico Khaitan Limited. It is an affordably priced whisky brand in India and competes with other popular whisky brands like McDowell’s No.1, Royal Stag, Blenders Pride, etc.

Signature whisky comes in two main variants:

  • Signature Rare Aged: This premium variant is aged in oak barrels for over 4 years lending it a smooth taste and aroma. It is lighter in color compared to the regular Signature whisky.
  • Signature Premium Grain: This variant has no specific age statement but is blended from premium Indian grain spirits. It has a richer taste compared to the Rare-Aged version.

Both variants of Signature whisky are produced at the company’s Rampur distillery in Uttar Pradesh. The whisky is then supplied across different states including Jharkhand where it sees good demand.

Whisky Consumption Trends in Jharkhand

As per reports, the consumption of whisky in Jharkhand has gone up by 25-30% in recent years. Urban centers like Jamshedpur, Dhanbad, and Ranchi have seen a spike in whisky demand.

The rising middle-class population and increasing social acceptance of alcohol consumption have led to more people opting for whisky. Whisky is also seen as an aspirational drink in Jharkhand.

Locally produced brands like Signature whisky are popular among the masses given their affordable pricing. The brand offers a taste that is on par with more expensive whisky brands. This value-for-money positioning has helped Signature Whisky gain widespread acceptance.

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Signature Whisky Price List in Jharkhand 2023

Here is an overview of the latest Signature whisky price in Jharkhand in 2023:

Whisky Brand Name Volume Price
Signature Rare Aged Whisky 180ml Rs. 250/-
Signature Rare Aged Whisky 375ml Rs. 500/-
Signature Rare Aged Whisky 750ml Rs. 1000/-
Signature Premium Grain Whisky 180ml Rs. 260/-
Signature Premium Grain Whisky 375ml Rs. 520/-
Signature Premium Grain Whisky 750ml Rs. 1050/-

The above prices are revised maximum retail prices (MRP) inclusive of all taxes. Here are some key highlights about Signature whisky prices in Jharkhand:

  • The 180ml pack is the smallest pocket-friendly bottle apt for personal consumption. Its pricing is attractive starting at just Rs. 250/- for the Rare Aged variant.
  • The 375ml pack offers better value for money for regular drinkers. Its pricing makes it accessible to middle-class consumers in Jharkhand.
  • The 750ml large bottle is suited for home bars, parties, and events. This bulk-size bottle offers the best value.
  • The premium Grain variant is priced at a small 5-10% premium over the Aged variant across different bottle sizes.
  • Compared to other states, the pricing in Jharkhand is moderately lower due to lower VAT rates. This makes Signature whisky more affordable here.
  • Prices remain consistent across different districts as regulations prohibit regional price variations within the state.
  • Overall, Signature whisky is very competitively priced in Jharkhand vis-a-vis other whisky brands and cheap liquor options.

Factors Affecting Signature Whisky Prices in Jharkhand

The pricing of Signature whisky in Jharkhand is impacted by several factors:

State Excise Policies – The Jharkhand excise regime levies a Value Added Tax of 22% on whisky. This contributes to the retail prices. Any changes in VAT rates directly influence whisky prices.

Input Costs – Rising production costs due to inflation in glass bottles, packing, transportation etc. affect the pricing. However, Signature Whisky maintains competitive rates.

See also  Royal Stag Whiskey Price in Jharkhand 2023

Taxes – Apart from VAT, excise duty and central sales tax also add to the tax incidence. Changes in central taxes can lead to price changes.

Market Dynamics – The brand considers competitive pricing, consumer demand, and pricing of similar whisky brands before revising prices.

Government Regulations – Strict regulations prohibit below-MRP pricing. Price increases beyond a certain limit require government approval.

Rising Incomes – With rising disposable incomes, people are willing to pay more for premium whisky. This gives room for mild price hikes occasionally.

Raw Material Supply – Grain supply and availability impact production costs. This indirectly affects the pricing over the long term.

How to Buy Signature Whisky in Jharkhand at Best Prices?

Here are some tips to buy Signature whisky in Jharkhand at the best prices:

  • Opt for the 375ml and 750ml packs to get more value for your money. The 180ml bottle has the highest per ml pricing.
  • Look out for any limited-period discounts offered by offline shops during festive occasions or clearance sales.
  • Register with online apps and websites offering deals and coupons on liquor. You can get 5-10% additional discounts sometimes.
  • Purchase during ongoing sales on special occasions like New Year when attractive discounts are available both online and offline.
  • Buying directly from distributor godowns or wholesale shops can assure slightly lower rates but regulations only permit this for bulk orders.
  • Compare prices across different shops before purchasing. Online prices may sometimes be cheaper than MRP at regular stores.

Conclusion

In summary, the Signature whisky price list in Jharkhand offers great value across different bottle sizes. Consumers can choose from Rare Aged and Premium Grain variants as per taste and budget.

Despite rising inflation and input costs, Signature Whisky maintains affordable pricing given its value positioning. Discerning drinkers can enjoy this locally produced premium whisky without burning a hole in their pockets.

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The growing social acceptance of alcohol consumption and rising disposable incomes in Jharkhand bode well for the overall whisky demand. Signature whisky seems well placed to capitalize on this potential with its competitive pricing and taste profile that appeals to the local palate.

Other Popular Whisky Brands in Jharkhand

Apart from Signature, some other popular whisky brands available in Jharkhand include:

  • McDowell’s No.1 – Leading whisky brand in Jharkhand with extensive distribution. Offered in regular and diet variants.
  • Royal Stag – Popular deluxe whisky from United Spirits priced at a premium. Known for its bold taste.
  • Imperial Blue – Best-selling economy whisky brand by Pernod Ricard, known for its iconic jingle.
  • Blenders Pride – Premium whisky brand by Pernod Ricard, blended from malt and Indian grain spirits.
  • Director’s Special – Affordable whisky from United Spirits, higher priced than McDowell’s No.1
  • Haywards – Known for its smooth taste profile, offered in regular and bold variants.
  • Red Knight – Popular premium whisky brand produced by United Spirits Limited.
  • 100 Pipers – A blended Scotch whisky brand imported and sold in Jharkhand.

Consumers in Jharkhand have an array of excellent whisky brands to choose from across price points. The affordable pricing makes whisky accessible to a larger population.

Rates of Other Whisky Brands In Jharkhand

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Blenders Pride Whisky Price in Jharkhand

Red Label Whisky Price in Jharkhand

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Rockford Whisky Price in Jharkhand

After Dark Whisky Price in Jharkhand

Signature Whisky Price List in Jharkhand

100 Pipers Whisky Price in Jharkhand

Teachers Whisky Price List in Jharkhand

Royal Stag Whiskey Price in Jharkhand

Vat 69 Price in Jharkhand

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