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CIABC REPORT
Tariff cuts on US booze may barely dent India’s dominant spirits marketUS whiskey and wine imports are unlikely to significantly impact India's domestic alcohol market, even with potential duty concessions. Ind...- AlchoBev industry expects up to 20 pc growth in Dec quarter riding on bullish festive salesThe Indian alcoholic beverage industry is experiencing a significant boom. Sales are projected to rise by 20 percent from October to Decemb...
- South India accounts for 58% of all-India whiskey sales in FY25; this state leads the chart with 17% shareSouth Indian states dominate India’s IMFL market, contributing 58% of sales in FY25, with Karnataka leading at 17% of national volumes, fol...
- Whisky Business: Indian alcohol industry flags non-tariff barriers in UK marketIndian alcoholic beverage companies claim unequal access to the UK market. They cite technical norms as barriers for Indian-Made Foreign Li...
- Alcobev body appoints Anant Iyer as director generalThe Confederation of Indian Alcoholic Beverage Companies appointed Anant S Iyer as its new director general. Iyer, who formerly served as t...
- Bacardi high on premiumisation of portfolio in IndiaAccording to industry body Confederation of Indian Alcoholic Beverage Companies, alcobev drinks priced over ₹1,000 have grown four times fa...
- GST Council decision on ENA to bring stability in industry: CIABC"The GST Council's decision is a big relief to the industry, it will bring stability and settle nerves all over," Vinod Giri, Director Gene...
- Indian authorities may set 'reference price' to stop under-invoicing of alcohol imported to IndiaIndia is looking forward to stopping the under-invoicing of alcohol by proposing a solution to set up "place valuation rules" that would re...
- Indian single malts give tough competition to foreign brandsIndian single malt whiskies are gaining popularity among Indians, giving tough competition to their Scottish rivals. Sales of Indian malts ...
- Liquor sales volume grows 14% in FY23, premium segment over Rs 1,000 grows 48%In FY23, whisky remained the largest segment with an expected sales volume of 243 million cases, contributing 63 per cent of sales of the t...
- Liquor sales recover, rise 6 pc in fourth quarter; full FY21 number declines 12 pcStates such as Uttarakhand, Himachal Pradesh and Haryana reported over 40 per cent growth in IMFL sales during the fourth quarter of 2020-2...
- Liquor apex body CIABC objects reducing basic customs duty on imported spirits before trade talks with UK“India exports just Rs 5 crore worth of alcoholic beverages annually to UK against an import of Rs 1300 crores. Exports to UK constitute on...
- Liquor body CIABC urges Bihar CM to withdraw prohibition just days after he reinforced strict enforcement of the lawBihar’s chief minister Nitish Kumar had ordered a complete ban on sale and consumption of alcohol in the state nearly five years ago. Last ...
- CIABC: Liquor sales decline 29% in the first half of the current fiscalAccording to the data compiled by the national body that represents leading liquor firms, the drop in sales was much higher in states that ...
- Lockdowns, ban on sale, corona tax led to liquor sales falling 29%: CIABC“The situation has been worse in states like Andhra Pradesh, Chhattisgarh, West Bengal and Rajasthan where sales have seen a steep decline ...
- Canteen stores sales halve as lockdowns, curbs continueSales through the Canteen Stores Department (CSD) fell about 50% in the four months from April due to localised lockdowns and restrictions ...
- Liquor sales decline up to 60% in May-June in states with high Corona cess: ReportAfter the retail sales of liquor were resumed after six weeks of closure in May, several state governments facing shortage of financial res...
- Corona cess imposed on liquor resulted in 59% decline in sales post lockdown: CIABCMany state governments, which had noted their revenues plummet amid the lockdown to contain the Covid-19 pandemic, had increased tax on alc...
- Delhi may open booze shops due to excise hitThe Delhi government is exploring the possibility of opening liquor shops in the city during the lockdown. The government has asked the exc...
- Allow liquor sale; illicit trade burden on exchequer: CIABC to 10 statesThe CIABC, which is the apex body of the Indian alcoholic beverage industry, has sent letters on Monday to chief ministers of 10 states -- ...
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