The Prohibition Enforcement Wing (PEW) police on Monday seized 3,888 bottles of Indian Made Foreign Liquor (IMFL) smuggled from Karnataka and arrested two persons. The arrested were identified as Ravi
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Sales of Indian-made foreign liquor (IMFL) recovered in the January-March quarter with a 6 percent growth, but it declined 12 percent in 2020-21 on an overall basis.
While the liquor sales fell by a whopping 42 percent in Q1 of the last fiscal, it declined by 9 percent in Q2 and 1 percent in Q3, before showing a recovery of 6 percent in Q4.
Maharashtra, Uttarakhand, Arunachal Pradesh and Haryana were best performing states in terms of sales. The largest decline in liquor sales were observed in Andhra Pradesh, West Bengal, Rajasthan and Chhattisgarh against previous years.
The total sales of Indian-Made Foreign Liquor (IMFL) products in 2020-21 was 305 million cases (9 litres each) which is nearly 12 percent below the previous year, according to the data compiled by the Confederation of Indian Alcoholic Beverage Companies (CIABC).
Read more about Liquor sales recover, rise 6% in fourth quarter; FY21 sales fall 12% on Business Standard. States such as Uttarakhand, Himachal Pradesh and Haryana reported over 40 per cent growth in IMFL sales during the fourth quarter of 2020-21
While the overall liquor market fell by 42% during the April-June quarter of the last fiscal, it fell 9% in the second quarter. The market, however, expanded 1% in Q3, and recovered to a growth of 6% during the latest Jan-March quarter.