Brewers Association wants Telangana to allow companies price their products as they wish
1 month, 1 week ago

Brewers Association wants Telangana to allow companies price their products as they wish

The Hindu  

Welcoming Telangana government’s decision increasing beer prices, the Brewers Association of India said that the government should allow companies to price their products as they wish “which is done by investment-friendly states like Maharashtra and Karnataka”. “A market forces led system is the most efficient system benefiting everyone, and we will continue to engage the government for that,” said Vinod Giri, director general, BAI in a statement. We have full faith in the leadership and wisdom of the Chief Minister and hope that the matter of old outstanding payments due to the industry in the State for supplies made between February to August last year is also resolved promptly,” he added. Mr. Giri said that Telangana is a very important State for the beer industry and locally made beer, being a high volume product, creates a massive economic impact on the up and downstream supply chain in the State including on employment, ancillaries, logistics and hospitality sectors.

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History of this topic

United Breweries bets on premium beer as key states may spoil the summer party
6 days, 17 hours ago

United Breweries bets on premium beer as key states may spoil the summer party

Live Mint  

United Breweries Ltd., one of India’s largest beer makers, is betting on its premium brands like Kingfisher Ultra to drive growth even as rising taxes in key states, including Telangana, Karnataka, and Rajasthan, threaten to offset a potential boost from a prolonged summer. After disruptions during the general elections last fiscal impacted production and shipments across the sector, an early …

Brewers' body urges Karnataka government to apply rules uniformly, flags frequent tax hike
2 weeks, 3 days ago

Brewers' body urges Karnataka government to apply rules uniformly, flags frequent tax hike

Hindustan Times  

Brewers Association of India has urged the Karnataka government to look into the alleged arbitrariness in beer related regulations and raised the issue of frequent hike in tax levy in the state. BAI, which represents beer makers such as AB InBev, Carlsberg, and United Breweries accounting for 85 per cent of the beer sold in India, in a letter to …

Beer prices in Telangana go up by 15% effective today, February 11; here’s why
1 month, 1 week ago

Beer prices in Telangana go up by 15% effective today, February 11; here’s why

Live Mint  

The Telangana state has increased the beer prices in the state to 15 percent effective from today i.e. This order came after last month, Heineken's Indian unit United Breweries halted supply briefly over pricing and non-payment of dues by the state government. United Breweries, which brews the popular Kingfisher brand, last week cited delayed payments and a lack of government …

UB beer is back in Telangana
2 months ago

UB beer is back in Telangana

Deccan Chronicle  

Hyderabad: United Breweries, the maker of Kingfisher and Heineken brand beer, on Monday reversed its decision to suspend beer supplies in Telangana until the government cleared its dues, and agreed to resume services to the Telangana Beverages Corporation Limited with immediate effect. The company, according to sources, sells around 40 lakh cases on average per month in the state. Reacting …

Mint Primer | Telangana liquor crisis: What just went wrong?
2 months, 1 week ago

Mint Primer | Telangana liquor crisis: What just went wrong?

Live Mint  

Telangana delayed payments between February and August 2024 as it faced lower-than-expected revenue and increased expenditure from poll promises and various schemes. Telangana owes a substantial sum, estimated by industry bodies at ₹3,900 crore, to alcohol businesses. Despite Telangana Beverages Corporation Ltd acknowledging outstanding payments, the state’s ability to clear these dues remains uncertain. TGBCL is a state government entity …

Increase in liquor prices in Telangana only on Price Fixation Committee report: CM Revanth
2 months, 1 week ago

Increase in liquor prices in Telangana only on Price Fixation Committee report: CM Revanth

The Hindu  

Chief Minister A. Revanth Reddy made it clear that any decision on the price hike of liquor in Telangana would be based on the report of the Price Fixation Committee headed by a retired High Court judge. Mr. Reddy also made it clear that the government would not bow to the pressures of the companies supplying liquor over price hike. …

Beer prices likely to go up in Karnataka starting from January 20: Report
2 months, 1 week ago

Beer prices likely to go up in Karnataka starting from January 20: Report

Hindustan Times  

Beer enthusiasts in Karnataka may soon have to shell out more for their favorite brews, as the state government is likely to increase beer prices once again. Despite objections from the Brewer's Association of India, which argued that the proposed hike would make Karnataka's beer prices among the highest in the country and potentially harm sales, the government has proceeded …

Brewers concerned as beer is to get dearer from January 20 in Karnataka
2 months, 1 week ago

Brewers concerned as beer is to get dearer from January 20 in Karnataka

The Hindu  

Amid a slump in the sale of beer in Karnataka in the last three months, the government has notified a fresh excise duty hike on beer to come into effect from January 20, which will result in the beverage becoming dearer. Interestingly, the sale of beer, which overall reported 8.22% growth in the first nine months of the current fiscal …

Karnataka government may hike beer prices: Third round, but at what cost? - Karnataka News
Trending News
2 months, 1 week ago

Karnataka government may hike beer prices: Third round, but at what cost? - Karnataka News

India Today  

After last year’s beer price hike, the Karnataka government is considering another round of increase, leaving alcohol consumers bracing for a bitter sip. In February 2024, the state government again increased beer prices by 10 per cent; the second rise led to another Rs 15 hike per bottle. In addition to labeling concerns, the proposed excise duty hike on strong …

Karnataka mulls beer price hike, leaving drinkers to gulp down higher costs
Trending News
2 months, 2 weeks ago

Karnataka mulls beer price hike, leaving drinkers to gulp down higher costs

India Today  

The Karnataka government is mulling over a potential hike in beer prices, stirring concern among alcohol enthusiasts in the state. Excise Minister RB Thimmapur revealed on Thursday that discussions regarding a beer price increase are underway, but no concrete decision has been made yet. The possibility of a beer price hike has sparked debates about the government’s revenue strategies, particularly …

Telangana refuses to hike prices, UBL halts beer supply
2 months, 2 weeks ago

Telangana refuses to hike prices, UBL halts beer supply

New Indian Express  

HYDERABAD: United Breweries Limited on Wednesday decided to suspend, with immediate effect, the supply of beer to the Telangana Beverages Corporation Limited, due to the latter not releasing dues to the tune of Rs 658.95 crore. Reacting to UBL’s demand later in the evening, Excise Minister Jupally Krishna Rao said that it was not possible to hike beer prices, as …

Beer price: Telangana Excise Minister refutes UBL’s contention on non-payment of dues
2 months, 2 weeks ago

Beer price: Telangana Excise Minister refutes UBL’s contention on non-payment of dues

The Hindu  

Excise Minister Jupalli Krishna Rao has refuted the contention of United Breweries Limited that it has stopped supply of beer to the State on account of non-payment of dues. The company has in fact stopped supply of beer as the government has refused to accede its request to increase the price of beer. “Price of a bottle of beer is …

Kingfisher beer maker UB suspends supply to Telangana; association alleges state pays 47% less than other states
2 months, 2 weeks ago

Kingfisher beer maker UB suspends supply to Telangana; association alleges state pays 47% less than other states

Live Mint  

BSE-listed United Breweries Ltd, maker of popular brands like Kingfisher, on Wednesday, announced the immediate suspension of beer supplies to Telangana Beverages Corporation Ltd due to significant and ongoing operating losses in the state. The company in its BSE filings said it had decided to suspend the supply of its beer to Telangana Beverages Corporation with immediate effect as the …

United Breweries suspends beer supply to Telangana Beverages Corporation
2 months, 2 weeks ago

United Breweries suspends beer supply to Telangana Beverages Corporation

Deccan Chronicle  

Hyderabad:United Breweries Ltd on Wednesday said it has decided to suspend the supply of its beer to Telangana Beverages Corporation Ltd with immediate effect. The decision has been taken due to the non-revision of the basic price of the company's beer from 2019-20 by Telangana Beverages Corporation Ltd, resulting in huge losses in the state, United Breweries Ltd said in …

No Price Hike for Beer: Telangana CM
3 months, 2 weeks ago

No Price Hike for Beer: Telangana CM

Deccan Chronicle  

Hyderabad: Chief Minister A. Revanth Reddy has rejected the demand of beer companies for an increase in beer prices by at least Rs 10 per bottle. Though the state government had previously set up a Price Fixation Committee to review prices, official sources said Revanth Reddy is firm on his stand against what he called “arm-twisting tactics” from beer manufacturers. …

Brewers Seek Govt Nod to Increase Prices of Beer
4 months ago

Brewers Seek Govt Nod to Increase Prices of Beer

Deccan Chronicle  

Hyderabad:The Brewers Association of India has appealed to the state government to immediately allow beer companies to enhance prices, which was last revised in 2019, given the problems they have been facing due to inflation. In a letter addressed to Chief Minister A. Revanth Reddy, BAI director general Vinod Giri said, “The current basic prices allowed to beer supplier companies …

Telangana Leads in Alcohol Sales Across India, With High Per Capita Spending
4 months, 3 weeks ago

Telangana Leads in Alcohol Sales Across India, With High Per Capita Spending

Deccan Chronicle  

Telangana leads in alcohol sales across India, with residents spending an average of Rs 1,623 on alcohol per year. The state has a high number of licensed wine shops and bars, with liquor sales worth over Rs 1,000 crore during the recent Dasara festival. The survey also revealed that Telangana leads the southern states in beer sales, with a staggering …

Karnataka government to increase the excise duty on “strong beer” rates
6 months, 1 week ago

Karnataka government to increase the excise duty on “strong beer” rates

The Hindu  

Beer drinkers could end up paying higher rates for their favourite beverage as the Karnataka government is readying to increase the excise duty on “strong beer”, even as it is coming up with a new definition of “beer”. Classification Proposing classification of beer with 6.5% to 8% alcohol content from the current category of two to three, the excise duty …

Bengaluru Beats Heat With Record-Setting Beer Sales: Report
11 months ago

Bengaluru Beats Heat With Record-Setting Beer Sales: Report

News 18  

In the midst of fierce competition amidst near-record high temperatures across Karnataka, beer sales are reportedly reaching new heights. According to a report by TOI, a senior official from the excise department attributed the surge in sales to the escalating temperatures in Karnataka and over the past 15 days, a staggering 23.5 lakh carton boxes of beer were sold in …

Karnataka Legislature panel recommends liquor shops in Telangana and AP borders
1 year, 1 month ago

Karnataka Legislature panel recommends liquor shops in Telangana and AP borders

Hindustan Times  

Karnataka Legislature Committee has recommended opening state-owned liquor shops in areas bordering Telangana and Andhra Pradesh, where drinkers are consuming "sendi" which is harmful to health. Karnataka Legislature panel recommends liquor shops in Telangana and AP borders The Committee on the Welfare of Scheduled Castes and Scheduled Tribes in its second report, which was tabled in the assembly, said that …

Karnataka to reduce price of premium liquor to boost sales
1 year, 1 month ago

Karnataka to reduce price of premium liquor to boost sales

Hindustan Times  

The Karnataka government has decided to reduce the excise duty on the premium liquor in the state to compete with the liquor prices in neighbouring states and the revised rates are likely to be finalised by June, said officials familiar with the matter. The revised excise duties are likely to be finalised by June, said officials “In order to rationalise …

Karnataka records decline in liquor sales in August after rise in excise duty, say Officials
1 year, 7 months ago

Karnataka records decline in liquor sales in August after rise in excise duty, say Officials

Hindustan Times  

Bengaluru: With the poll promises estimated to cost the government close to ₹ 52,000 crores, in the last budget Karnataka government had increased the target revenue-generating departments. According to industry experts, the recent hike in excise duty made Karnataka the costliest state for spirits in India While presenting his first budget since the Congress government was voted to power in …

Telangana slashes liquor prices in election year
1 year, 10 months ago

Telangana slashes liquor prices in election year

Deccan Chronicle  

HYDERABAD: In a move that is expected to stimulate demand and shore up the revenues in the election year, the Telangana state government has reduced liquor prices with immediate effect beginning Friday. With the exception of beer, prices of all brands of liquor have been slashed due to a reduction in excise duty. Prohibition and excise commissioner Sarfaraz Ahmad, who …

Shell out more to buy alcohol in Telangana
2 years, 10 months ago

Shell out more to buy alcohol in Telangana

The Hindu  

Prices of beer, wine, and other forms of alcohol were increased in Telangana from Thursday, May 19. According to the latest revision of prices, the maximum retail price of beer brands was increased by ₹ 10 on all sizes. Director of the State Prohibition and Excise department Sarfaraz Ahmad stated that the MRP of wine brands of 180 ml, 375 …

Liquor prices to go up from today in Telangana
2 years, 10 months ago

Liquor prices to go up from today in Telangana

Deccan Chronicle  

HYDERABAD: Liquor prices in the state are all set to be increased from Thursday. Official sources said the government decided to increase beer price by Rs 20 per bottle, quarter bottle alcohol by Rs 20 and full bottle by Rs 80. The excise officials will take existing liquor stocks readings in shops to determine how much old stocks are left …

Beermakers brace for short-term impact of Karnataka excise duty hike
6 years, 1 month ago

Beermakers brace for short-term impact of Karnataka excise duty hike

Live Mint  

Bengaluru: Beer makers expect a short-term hit on sales of the brew in Karnataka after the state government announced an excise duty hike on the category in its budget last week. The state excise department has been promoting spirits over beer since mid-2018, leading to supply constraints, beer makers had told Mint earlier this year. Whenever there is a steep …

Scarcity of beer intensifies in Andhra Pradesh
8 years, 11 months ago

Scarcity of beer intensifies in Andhra Pradesh

Deccan Chronicle  

Hyderabad: As summer heat intensifies, people of Andhra Pradesh are not only facing a scarcity for water but also for beer. Demand for beer in AP has increased to 22 lakh cases per month but the state has only one beverages unit producing about six lakh cases per month. In AP, the average demand for beer is about 14 lakh …

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