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Wine, spirits importers urge states for inflation-linked pricing policy as margins shrink

Wine, spirits importers urge states for inflation-linked pricing policy as margins shrink
dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.

United-kingdom , India , Brown-forman , Nita-kapoor , Pernod-ricard , Bacardi , International-spirits-wines-association-of-india , Diageo , Campari-group , Hennessy , International-spirits , Wines-association

Wine: Wine, spirits importers urge states for inflation-linked pricing policy as margins shrink

The International Spirits & Wines Association of India (ISWAI) is advocating for an inflation-based pricing model for alcoholic beverages, citing a significant rise in raw material costs. According to ISWAI CEO Nita Kapoor, industry margins have diminished due to the surge in material prices, leaving little for manufacturers and traders after state governments claim a substantial portion (60-80%) of liquor sales.

India , United-kingdom , Brown-forman , Nita-kapoor , Moet-hennessy , Diageo , Campari-group , Bacardi , International-spirits-wines-association-of-india , Pernod-ricard , International-spirits , Wines-association

Wine, spirits importers urge states for inflation-linked pricing policy as margins shrink

Wine, spirits importers urge states for inflation-linked pricing policy as margins shrink
devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.

United-kingdom , India , Brown-forman , Nita-kapoor , Pernod-ricard , Diageo , Campari-group , Bacardi , International-spirits-wines-association-of-india , Hennessy , International-spirits , Wines-association

Wine importers urge for inflation linked pricing policy as margins shrink

Premium spirits and wine importers' body ISWAI has urged state governments to implement an inflation-based pricing model, highlighting that industry margins have shrunk due to a rise in raw material costs.

As the cost of raw materials used to produce alcohol has gone up substantially and theP of

Nita-kapoor , International-spirits-wines-association-of-india , International-spirits , Wines-association , Wine-importers-urge-for-inflation-linked-pricing-policy-as-margins-shrink ,

Karnataka budget: Govt to tweak duties on liquor, beer to be competitive with neighbouring states

To safeguard revenues and prevent trade diversion to neighboring states, the Karnataka government plans to adjust duty rates for Indian Made Liquor (IML) across its 18 slabs. Chief Minister Siddaramaiah announced intentions to rationalize tax slabs and maintain competitiveness with neighboring states in his budget speech

Karnataka , India , Wines-association-of-india , International-spirits , Indian-made-liquor , Minister-siddaramaiah , Wines-association , Karnataka-budget , Karnataka-liquor-tax , Karnataka-beer-tax , Karnataka-liquor

Alcohol influencers are raising the bar with innovative content and liquor brands are loving them

Alcohol influencers are raising the bar with innovative content and liquor brands are loving them
yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.

India , Chhattisgarh , United-states , Bhilai , New-delhi , Delhi , Kerala , Bengaluru , Karnataka , Tewari-instagram , Nihar-apte , Nitin-tewari

Budget 2024 brew: Alcobev players pitch for uniform tax, excise duty cuts; ENA price relief, input tax credit hold key

Budget 2024: The Indian alcohol industry stakeholders, in a concerted voice, seek closure of tax on ENA and a uniform tax system across the country. They also underscore the need for input tax credit.

Hazira , Haryana , India , Surat , Gujarat , Riyaaz-amlani , Vaum-tonicst , Tushar-bhandari , Ajay-gowda , Siddharth-saraf , Ishwaraj-bhatia , Nita-kapoor

2023 -- A year of growth for Indian alcobev industry - The Hindu BusinessLine

2023 -- A year of growth for Indian alcobev industry - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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"States should consider rationalisation of excise duty, and address inflation of input materials"

"States should consider rationalisation of excise duty, and address inflation of input materials"
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

India , Nita-kapoor , Facebook , Linkedin , Twitter , Wines-association-of-india , International-spirits , Wines-association , India-made-foreign-liquor , Indian-single-malts ,

Liquor industry in high spirits as holiday season is around the corner

The October-December quarter is the peak season for the domestic industry as demand for premium alcoholic beverages surges

United-kingdom , Mumbai , Maharashtra , India , Karnataka , Imphal , Manipur , Uttar-pradesh , Bangalore , Ludhiana , Punjab , Pune