Mount Everest Breweries Unveils Stok Beer In Bengaluru
Backed by a focused unveiling plan, distinct packaging and a product line aimed at contemporary drinkers, Stok is positioning itself as a fresh option in Bengaluru’s beer lineup
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United Breweries’ Shares Fall As Company Suspends Beer Supplies To TGBCL
- by BW Retail World Bureau
- January 8, 2025
The decision is attributed to financial losses stemming from TGBCL’s failure to revise the basic price of beer since 2019-20 and significant overdue payments for past supplies
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Government
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States
Karnataka Tweaks Liquor Taxes To Reduce Price Gap With Neighboring States
- by BW Retail World Bureau
- February 17, 2024
The Karnataka state government will adjust tax rates throughout the 18 slabs of Indian Made Liquor (IML) to preserve its earnings and avoid trade diversion to adjacent states. “In order to rationalise the tax slabs and make them competitive with neighbouring states, the tax slabs for IML and beer will be revised,” Chief Minister Siddaramaiah […]
National
News
States
Tamil Nadu Liquor Prices To Increase From 1 February
- by BW Retail World Bureau
- January 30, 2024
Tamil Nadu State Marketing Corporation (TASMAC) on Monday announced that the excise tax on liquor is to be increased which is to be reflected on liquor prices in Tamil Nadu from 1 February. According to a release from TASMC Administration, “the excise tax on liquors is to be increased and therefore, liquor prices are to […]
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States
Liquor Sales In Karnataka Decline After Excise Duty Hike
- by BW Retail World Bureau
- August 23, 2023
Karnataka has recorded a decline in liquor sales in the state in August after the new government increased the excise duty. As per the statement from the Federation of Wine Merchants’ Association, Karnataka, the first two weeks of August have seen a significant decline in both sales and revenue. It may be recalled that while […]
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Alcohol Ecommerce Still In Its Early Stages In India
- by Amisha Sharma
- August 8, 2023
In the global market, ecommerce sales for alcohol typically make up about 2 to 3 per cent. China being one of the leads and has reached around 10 per cent, showcasing significant growth. However, in India, ecommerce for alcohol is still very far from it, said Atul Kumar Singh, Co-Founder & MD, Lone Wolf in […]