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The Economic Times
The Economic Times

Beer industry sees near double-digit growth but margins under pressure: UBL MD & CEO

New Delhi: India's beer industry is witnessing a positive momentum, with sales growing at almost double-digit rates over the past few months, driven by favourable state-level reforms and weather conditions, said United Breweries Ltd (UBL) Managing Director and CEO Vivek Gupta .

However, Gupta noted that despite the robust sales growth, the company's profitability continues to face pressure due to elevated input costs.

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