Centre's support to help attain $1 bn exports of alcoholic beverages: CIABC
Support from the Centre and state governments will help the country to achieve USD 1 billion worth of alcoholic beverages exports in the coming years, the Confederation of Indian Alcoholic Beverage Companies (CIABC) said on Wednesday.
CIABC Director General Anant S Iyer also said that promoting ease of doing business for the sector is key at both the Central and state government levels.
Easy and timely permissions for bottling and branding; transport permits; and promoting online paperwork are some of the areas which need special attention for the growth of the sector.
"We need ease of doing business across the operations, besides easy tax structures and market-determined prices to boost the exports. At present, rules for the sector differ from state to state," Iyer said.
He said the USD 1 billion target is "ambitious, but possible". In 2023-24, the exports stood at USD 389 million.
He added that the industry should give a try for this target as it needs about 14-15 per cent ...
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