City seeks to boost its revenues as it eases a weeks-long lockdown to contain Covid-19.
These new launches may seem surprising given that the pandemic has hit the alcohol industry harder than most other sectors, though there are signs of a recovery
Lowering the minimum age from 25 will lead to an estimated 20 per cent rise in liquor consumption
The Confederation of Indian Alcoholic Beverage Companies (CIABC) has strongly objected to any plans to slash the Basic Customs Duty (BCD)
West Bengal, Rajasthan also increased taxes recently; industry says the trend is worrying
Falling input prices, cost cuts to improve margins
Delhi is among a handful of states and Union Territories - Punjab, Haryana, Chandigarh and Maharashtra being others - that mandate an MLDA of 25 years
CIABC is the apex body of the Indian alcoholic beverage industry
CM Kejriwal claimed that none of the cases pertaining to illicit liquor in the last few months have been solved by the local police.
Liquor is one of the biggest sources of revenue for state governments, but their income may fall: Survey
"E-commerce platforms may be utilised by the liquor shops permitted to do home delivery," said the BMC order.
To ensure safe delivery of alcohol in compliance with applicable laws, Swiggy has introduced measures such as mandatory age verification and user authentication to complete deliveries
Zomato has already diversified into grocery as the restrictions on movement shuttered some restaurants and people hesitated to order outside food
The Delhi government has already imposed a Covid cess of 70 per cent on liquor and hiked petrol and diesel prices as the state got just Rs 300 crore in April
According to an official, about 150 government-run liquor shops have been allowed to open from 9 am to 6.30 pm in accordance with the latest lockdown relaxations
The ministry, as per the sources, has also recommended to the Finance Ministry that purchase of cigarette cartons at duty-free shops should be prohibited
The Uttar Pradesh government recently announced a further increase in the quota of molasses that needs to be supplied to liquor makers to 18% of total state output from 16%.
India's spirit sector -- which includes whiskey, brandy, rum and vodka -- is estimated to expand 25% to Rs 2.92 trillion by 2022
Push for prohibition, lack of space in cities to shift shops along highways leave firms reeling