Alcoholic Beverage Industry Pushes for Price Hikes Amid Escalating Global Supply Chain Pressures
The Brewers Association of India (BAI) has formally petitioned state governments this week to authorize a 15-20% increase in alcoholic beverage prices, citing severe financial strain caused by the ongoing crisis in West Asia. As geopolitical instability disrupts critical supply chains and drives up the cost of raw materials, the industry warns that current price…