Japan's Kirin to buy "under 10%" stake in maker of Indian craft beer Bira for $30m

Japan's Kirin to buy "under 10%" stake in maker of Indian craft beer Bira for $30m

Photo: Bira's Facebook page

Japan’s beer maker Kirin Holdings will invest $30 million in New Delhi-based B9 Beverages, the companies said on Monday, as it seeks to secure a spot in India’s growing craft beer market amid falling sales at home.