NEW DELHI:
India is the world's eighth-biggest alcohol market by volume, with annual revenues that Euromonitor estimated last year at $45 billion. Its states individually regulate pricing of alcohol products, which are major contributors to their revenue.
Heineken's United Breweries has said it will halt supplies to southern Telangana, India's biggest beer consumer, because of delayed payments and lack of government approval for higher prices since fiscal FY20, which hurt its finances.
This story is from the January 10, 2025 edition of Hindustan Times Rajasthan.
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This story is from the January 10, 2025 edition of Hindustan Times Rajasthan.
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