Brief: India's Telangana State Minister Says Beer Price Hike Will Be Done According To Price Fixation Committee Report

United Breweries

08/01/2025 15:27

Jan 8 (Reuters) - 
  
    * INDIA'S TELANGANA STATE MINISTER: COMPARED TO OTHER
STATES, BEER
PRICES IN TELANGANA ARE LOWER
    * INDIA'S TELANGANA STATE MINISTER: WE WILL NOT INCREASE
BEER
PRICE TO SUCH AN EXTENT THAT IT BECOMES MORE THAN OTHER STATES
    * INDIA'S TELANGANA STATE MINISTER: GOVERNMENT WILL NOT BOW
DOWN
TO ANY KIND OF PRESSURE
    * INDIA'S TELANGANA STATE MINISTER: EVER SINCE NEW
GOVERNMENT TOOK
OVER 11.3 BILLION RUPEES DUES WERE PAID TO UNITED BREWERIES
    * INDIA'S TELANGANA STATE MINISTER:  IT IS UNITED BREWERIES'
TACTIC TO STOP SUPPLY TO GET THE PRICE HIKE
    * INDIA'S TELANGANA STATE MINISTER: PRICE HIKE WILL BE DONE
ACCORDING TO PRICE FIXATION COMMITTEE REPORT BUT NOT AS MUCH AS
WHAT UNITED BREWERIES IS DEMANDING
    * INDIA'S TELANGANA STATE MINISTER: PRICE HIKE IS USUALLY
DONE
ONCE EVERY TWO YEARS, PREVIOUS GOVERNMENT DID NOT INCREASE BEER
PRICE

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 ((Reuters.Briefs@thomsonreuters.com;))