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India's Beverage Market Sees New Entrants in Cola and Zero-Proof Drink Segments

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India's Beverage Market Sees New Entrants in Cola and Zero-Proof Drink Segments

Analysed 2 Jul 2026·3 sources analysed·India·Business
India's Beverage Market Sees New Entrants in Cola and Zero-Proof Drink SegmentsPreviousNext

India's beverage market is evolving with new entrants challenging the traditional cola duopoly of Coca-Cola and PepsiCo. Reliance's revival of Campa sparked a price war, while ITC has launched a premium sugar-free Coconut Cola under its B Natural portfolio, targeting health-conscious consumers through quick commerce platforms. Concurrently, the zero-proof drinks segment is gaining momentum as alcohol moderation trends grow, with both global liquor companies and startups expanding non-alcoholic product offerings amid rising consumer interest.

TBN's observations

First-hand measurement across 3 sources

We measured how 3 outlets covered this story. Coverage leans balanced overall (Left 0%, Centre 100%, Right 0%). Overall sentiment is positive (72/100). Lens Score 36/100 — moderate-to-low public interest.

Outlets analysed (first-hand measurement by TBN's Bias Engine):

  • economictimes— balanced framing, positive sentiment
  • mint— balanced framing, positive sentiment
  • economictimes— balanced framing, positive sentiment
Political Bias
0%100%0%
Sentiment
72%
AI analysis of 3 sources · Published under editorial oversight by The Balanced News
Analysed 2 Jul 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Political bias across 3 sources
● Left 0%● Center 100%● Right 0%

The articles primarily focus on market developments and consumer trends without explicit political framing. Coverage includes corporate strategies from Reliance, ITC, and global liquor companies, reflecting business and health-conscious consumer perspectives. There is no evident political bias, as the sources emphasize industry competition and evolving consumer preferences rather than political or regulatory issues.

Sentiment — Positive (72/100)

The overall tone across the articles is neutral to positive, highlighting innovation, market diversification, and growing consumer interest in health and moderation. While challenges such as competition and profitability are noted, the coverage emphasizes opportunities and expansion in both cola and zero-proof beverage segments, reflecting an optimistic outlook on market evolution.

How 3 sources covered this story

Each source's own headline, political lean, and sentiment — so you can see framing differences at a glance.

Reviewed byMrunal Wange· Business & Economy Editor· Edited byOjas Kale
← Previous
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Next →
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SourceTheir headlineBiasSentiment
economictimesCracks in cola kingdom: India's duopoly faces biggest test in decadesCenterPositive
mintQuick commerce, alcohol moderation fuel India's zero-proof drinks market as liquor giants, startups widen bets Company Business NewsCenterPositive
economictimesITC enters cola business to add more fizz to beverages portfolioCenterPositive

Coverage timeline

economictimes broke this story on 1 Jul, 07:11 pm. Other outlets followed.

  1. 1
    economictimes1 Jul, 07:11 pm
    ITC enters cola business to add more fizz to beverages portfolio
  2. 2
    mint2 Jul, 08:18 am
    Quick commerce, alcohol moderation fuel India's zero-proof drinks market as liquor giants, startups widen bets Company Business News
  3. 3
    economictimes2 Jul, 09:49 am
    Cracks in cola kingdom: India's duopoly faces biggest test in decades

Lens Score breakdown

36/100
Public interest0/100
Coverage gap90%

Story is receiving appropriate media attention relative to public interest.

Who's involved

Institutions and figures named across source coverage.

Corporate
Pernod Ricard IndiaPepsiCoUnited Spirits LtdDiageo IndiaRelianceCoca-ColaVarun BeveragesReliance IndustriesReliance RetailITC

Story context

Category
Business
Location
India
Sources analysed
3
Last analysed
2 Jul 2026
Key entities
DrinkIndian rupeeIndiaRetailITC (company)Reliance IndustriesPepsiCoSugar substituteColaCoca-ColaCoconutSoft drink