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The Economic Times
The Economic Times

Global liquor companies chase Indian state dues of $400 million

NEW DELHI, - Indian groups representing alcohol giants Diageo, Pernod Ricard, ​Heineken and Carlsberg, accused the ​southern Indian state of Telangana of breaching accounting rules over dues ​it owes them totalling nearly $400 million.

Telangana, the country's biggest beer-consuming state by volume, like many other local governments in India, requires liquor companies to supply only to state-run depots, which then ‌sell to retailers, ⁠forcing ⁠the companies to rely on state governments for payment.

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