MAM
Aditya Birla Group squeezes Joe & The Juice into Indian market
Strategic tie-up with Joe & The Juice brings Danish cool and healthy brews to India.
MUMBAI: India’s hospitality scene is about to get a healthy shot of adrenaline, and for once, the “daily grind” sounds like a very good thing. Aditya Birla New Age Hospitality (ABNAH) has officially shaken hands with the Danish cult-favourite Joe & The Juice, marking the conglomerate’s first serious foray into the scalable, fast-casual food sector. It’s a move that suggests the Group is thirsty for more than just industrial dominance; they’re eyeing the premium lifestyle cup, and it’s looking decidedly green.
Founded in Copenhagen in 2002, Joe & The Juice has spent two decades fermenting a global empire, boasting over 480 locations spanning Europe, the US, the Middle East, Africa, and Asia. Known for its high-octane atmosphere and health-conscious menu, the brand is as much about the “vibe” as it is about the vitamins.
The first Indian flagship store is slated to pop its cork in the second half of 2026.
ABNAH isn’t exactly a newcomer to the table. This partnership adds a fresh layer to a portfolio that already features heavy hitters like:
- International Stars: Yauatcha, Hakkasan, and Nara Thai.
- Home-grown Hits: Cincin, Ode, Waarsa, and Supa San.
ABNAH founder Aryaman Vikram Birla noted that India is currently at a “consumption inflection point.” With rising discretionary spending and a growing appetite for “premiumisation,” the Group is betting big that Joe & The Juice’s mix of health and convenience will hit the sweet spot for aspiring Indian consumers.
For Joe & The Juice, this isn’t just another pin on the map. Joe & The Juice CEO Thomas Noroxe described the move as their “first true strategic entry in Asia,” citing India’s rapidly evolving preference for wellness-focused offerings. With Ambit Capital advising the deal, the partnership aims to leverage the Aditya Birla Group’s massive operational muscle to scale the brand across the country.
While the Group continues to expand into everything from jewellery to paints, this latest venture proves that when it comes to the business of taste, they’re ready to serve up something refreshing.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI:Â Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
