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A European lobby has asked the Centre for an exemption from from a 10% import duty imposed on glas bottles and cans.
Major alcohol companies lobbied India for exemption from a 10% import duty on glass bottles and cans.
KEY POINTS
- The lobby cited a supply crunch as Indian manufacturers cannot meet demand for bottles and cans.
- Rising costs are partly due to the Middle East war impacting packaging materials like glass and cartons.
- Indian liquor companies may import packaging from Southeast Asia to avoid shortages starting in May.
- Retail price increases are difficult because two-thirds of Indian states require government approval.
COMPANIES
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