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It's a double whammy for liquor industry
Rediff.com

It's a double whammy for liquor industry

The rush for prohibition and the Supreme Court’s decision to ban liquor sales within 500 metres from highways have hurt companies. IMAGE: At around 65,000 licensed liquor shops across the country, India’s outlet penetration for spirits per 1,000 people is low, sector experts say. Photograph: Vivek Prakash/Reuters. India’s move to be austere when it comes to its drinking habits seems to be driving liquor companies up a wall. After seeing its slowest growth in over a decade in ... Rediff.com, 1 month ago
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