New Delhi, June 1
Delhiites can soon order home delivery of liquor through a mobile application or a website, with the city government permitting such facility by issuing a notification, which also a
The strict nationwide lockdown in India in FY21 led to a 12 per cent decline in sales of Indian made foreign liquor (IMFL) in comparison to the previous financial year, according to the Confederation of Indian Alcoholic Beverage Companies.
Liquor sales finally revive after near washout in pandemic year
The nationwide lockdown in the country in April-May last year that was followed by other smaller lockdowns in many parts of the country in the next few months had resulted a near washout for the sector in the first half
Sumant Banerji | May 27, 2021 | Updated 15:48 IST
A strong revival in sales in the second half of the year has seen the domestic liquor industry restrict its overall decline during fiscal 2021 to just 9 percent, figures compiled by industry body Confederation of Indian Alcoholic Beverage Companies (CIABC) show.
The nationwide lockdown in the country in April-May last year that was followed by other smaller lockdowns in many parts of the country in the next few months had resulted a near washout for the sector in the first half. Sales fell by 42 percent in the first quarter and another 9 percent in the second to log an overall 29 percent decline in the first half.
ANI File Photo
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).