India relies heavily on imported natural gas, a critical resource in powering the furnaces for glass manufacturing. The rising price of the dollar makes imported materials more expensive.
Nearly 20% of United Breweries' sales come from Telangana, making it one of its top markets & decision to stop sales will likely dent its topline growth, it is learnt.
International media paints a multifaceted picture of India which includes ongoing Lok Sabha elections, Modi’s personality and Indian imports and exports in the defence sector.
Govt in its order cited shortage of excise dept officials to oversee operations. Brewery employee from Mysuru said it is difficult to ‘quantify impact’ of order just yet.
The yield and quality in hops-growing regions in Europe fell sharply after 1995. Warmer, drier conditions will probably further deplete this key beer ingredient by 2050.
Carlsberg halted investments in Russia shortly after the Ukraine invasion. In February, Putin gave temporary control of its affiliate Russian brewer Baltika to the federal government.
Delhi govt data shows that top 20 best-selling beers in the capital mainly fall into the ‘strong’, ‘super strong’, or ‘extra strong’ categories. Several regional labels feature too.
While the Russia-Ukraine war saw the BJP projecting PM Modi as a ‘vishwaguru’ who could end international conflicts, the party has made a nuanced shift in its electoral strategy vis-à-vis the West Asia war.
It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.
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