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The Economic Times
The Economic Times

AlcoBev seeks costlier booze as costs spike

New Delhi: Alcoholic beverage makers have sought a reasonable price hike from state governments to deal with pressures arising out of rising can and bottle costs due to supply chain disruptions triggered by the West Asia crisis.

Confederation of Indian Alcoholic Beverage Companies (CIABC) and the Brewers Association of India (BAI) have urged states to allow revisions of IMFL (Indian Made Foreign Liquor), wine and beer products and provide interim relief measures to help manufacturers cope with rising production costs.

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