Liquor sales finally revive after near washout in pandemic y

Liquor sales finally revive after near washout in pandemic year


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.

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