On Tuesday, the Telangana government approved an increase in beer prices, instructing that all existing stock should be sold at the new rates. United Breweries, which controls 70% of the beer market in Telangana, had stopped supplying beer earlier this year. The company halted deliveries because of delayed payments and the government’s failure to approve…
Uttar Pradesh has approved its new excise policy for 2025-26, which brings several changes. An e-lottery system will now be used to allocate liquor and cannabis (bhang) shop licenses. The policy also merges beer and foreign liquor outlets into “composite shops.” Additionally, smaller liquor bottles in 60ml and 90ml sizes will be available in the…
Major alcohol companies, including Johnnie Walker and Corona beer, may face significant challenges due to new tariffs imposed by U.S. President Donald Trump. These tariffs are part of a trade dispute and will affect goods imported from Mexico, Canada, and China. Starting Tuesday, the U.S. will impose a 25% tariff on goods from Mexico and…
“Liquor prices in Telangana are expected to rise soon, which could surprise both drinkers and taxpayers. The state’s Excise Department has reviewed the pricing and sent a proposal to the government recommending price hikes starting in February 2025. A three-member committee, set up to look into pricing, has suggested increases across various types of alcohol,…
Jaipur, 30th January 2025 : The Rajasthan government has announced its Excise and Temperance Policy for 2025-29, introducing key changes in liquor taxation, retail shop management, and strict regulations on illicit liquor. The policy, effective from April 1, 2025, to March 31, 2029, aims to bring more transparency to the excise system, encourage business growth,…
New Delhi, January 30, 2025: Medusa Beverages, a fast-growing premium beer brand, has raised ₹56 crore in its Series A funding round, marking a significant milestone in its expansion journey. The investment was led by renowned investors Amal N Parikh and Ashwin Kedia, with additional participation from Ramesh Damani, Nikhil Garg, Crest Opportunities, and high-net-worth…
Low-alcohol and zero-alcohol beers are becoming increasingly popular, especially among Gen Z and millennials, as health-conscious choices drive a shift in the beer market. Although the market for these drinks is still small, it’s growing rapidly, and experts predict it will become more significant in the coming years. As consumers focus on moderation, more beer…
AB InBev, the company behind Budweiser, announced plans to build a new beer manufacturing plant in Uttar Pradesh, with an investment of Rs 1,000 crore. The commitment was made during the World Economic Forum (WEF) in Davos, as confirmed by an official spokesperson on January 22, 2025. The company signed a memorandum of understanding (MoU)…
Beer prices in Karnataka have been increased starting Monday, with new rules in place regarding the cost of beer and its ingredients. This follows a change in the state’s excise duty system, which was first proposed in August 2024 and finalized in January 2025. Under the new system, beer prices will be based on alcohol…
The Coca-Cola Company has announced that it will acquire Billson’s, an Australian brand known for its premium alcohol ready-to-drink products like Vodka with Tangle, Vodka with Grape Burst, and Vodka with Portello. The current owners of Billson’s, Nathan and Felicity Cowan, will continue to produce their popular cordials, sodas, and beers under a new brand…