Telangana hikes beer price by 15%; Brewers Association welcomes it while urges govt to clear dues

The Telangana authorities has permitted Telangana Beverages Corporation Ltd to summation brew prices by 15 per cent.

This determination follows a petition from the Brewers Association of India (BAI) and comes aft a little proviso halt by United Breweries Ltd.

On January 8 United Breweries Ltd (UBL) announced that it had decided to suspend the proviso of its brew to Telangana Beverages Corporation with contiguous effect.

The determination was made owed to the non-revision of the company's brew prices since 2019-20 starring to important losses successful the state, UBL stated successful a regulatory filing.

Additionally, UBL claimed that TGBCL had important unpaid dues for past brew supplies, though circumstantial details were not disclosed. However, United Breweries aboriginal resumed supplies.

Welcoming the authorities government's decision, the BAI urged Chief Minister A Revanth Reddy to resoluteness outstanding issues wrong the brew industry.

"Though the summation being allowed is little than the summation successful the outgo of accumulation oregon what the manufacture was expecting, we invited it arsenic it signals that the authorities is mindful of the concerns of the manufacture connected concern viability successful the authorities and has followed done connected its committedness of looking into it," the BAI said successful a statement.

A market-driven strategy is the astir businesslike mode to payment everyone, and we volition proceed to prosecute with the authorities to advocator for this approach, said Vinod Giri, Director General of BAI.

"We person afloat assurance successful Chief Minister Reddy's enactment and wisdom, and we anticipation the contented of outstanding payments for brew supplies made betwixt February and August past twelvemonth volition besides beryllium resolved promptly," helium added.

Giri further emphasised that Telangana is simply a cardinal authorities for the brew industry. Being a high-volume product, locally-made brew has a important economical interaction connected the state's proviso chain, employment, ancillary industries, logistics, and the hospitality sector.