Tilaknagar Industries Appoints Nishant Jain as Sales President, Gears Up for Market Expansion
Tilaknagar Industries Limited (TI) has appointed Nishant Jain as its new President of Sales and established an independent sales division. Jain, with over 26 years of experience in the alco-beverage sector, joins TI as the company prepares to expand its presence in the whisky segment. TI is also in the process of acquiring Imperial Blue Whisky from Pernod Ricard India. The company, with a 90-year legacy, has a manufacturing footprint of 21 units across 12 states and a diverse brand portfolio including Mansion House and Courrier Napoleon.

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Tilaknagar Industries Limited (TI), a leading Indian-Made Foreign Liquor (IMFL) manufacturer, has announced a significant move in its leadership team and business strategy. The company has appointed Nishant Jain as its new President of Sales and established an independent sales division to drive nationwide market growth.
Strategic Appointment
Nishant Jain, an industry veteran with over 26 years of experience in Sales, Trade Marketing, and Key Accounts, joins TI at a crucial juncture. His appointment comes as the company prepares to expand its presence in the whisky segment, which accounts for nearly 65% of the IMFL market in India.
Key Details of the Appointment
Aspect | Details |
---|---|
New Role | President - Sales |
Experience | Over 26 years in the alco-beverage sector |
Previous Position | Chief Operating Officer, Spirits Business at Inbrew Beverages |
Education | Alumnus of IIT Roorkee and IIM Lucknow |
Expertise | Scaling businesses and building high-performing teams |
Strategic Moves
- Independent Sales Vertical: TI has created a standalone sales division to establish its leadership in the whisky category.
- Market Expansion: The company is gearing up to expand its presence in the whisky segment across the country.
- Acquisition Plans: TI is in the process of acquiring Imperial Blue Whisky from Pernod Ricard India, which is expected to boost its whisky portfolio.
Management's Perspective
Amit Dahanukar, Chairman & Managing Director of Tilaknagar Industries, expressed confidence in the new appointment, stating, "Nishant's extensive experience and proven leadership will be instrumental in strengthening our growth journey, as we expand our regional and portfolio presence, following the Imperial Blue acquisition."
Company Background
Tilaknagar Industries, with a legacy spanning over 90 years, has evolved from its origins as Maharashtra Sugar Mills in 1933 to become a major player in the IMFL industry. The company boasts:
- A manufacturing footprint of 21 units across 12 states
- A diverse brand portfolio including two 'Millionaire' brandy brands: Mansion House and Courrier Napoleon
- Strong presence in whisky, rum, and gin categories
- Recent expansion into the luxury segment with Monarch Legacy Edition brandy
As Tilaknagar Industries embarks on this new chapter with Nishant Jain at the helm of its sales operations, the company appears poised for significant growth and expansion in the competitive Indian liquor market.
Historical Stock Returns for Tilaknagar Industries
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-1.17% | -3.41% | -3.82% | +90.08% | +49.74% | +2,535.17% |