fbpx
HomeNewsAndhra Pradesh's liquor sales register unprecedented 55% decrease, beer sales down by...

Andhra Pradesh’s liquor sales register unprecedented 55% decrease, beer sales down by 17%

[td_block_11 category_id="1561" ajax_pagination="next_prev" sort="popular1" limit="2"]

Liquor sales in Andhra Pradesh have undergone an unprecedented decline in the past few months, as indicated by the data available on the chief minister’s core dashboard. According to the dashboard, the sale of liquor has plummeted by a staggering 55 percent in May.

However, the Andhra Pradesh Beverages Corporation Limited (APBCL) has indicated that there might be a minor decline in sales due to a shortage of beer. Nevertheless, the sale of other categories of liquor remains relatively unchanged, similar to the figures recorded in the previous year.

The chief minister’s dashboard is continuously updated in real time. It is designed to reflect the off-take of liquor from any liquor depot as soon as it occurs, ensuring that the dashboard provides an accurate and current overview of liquor sales at all times.

According to the dashboard, there was a 13 percent decrease in sales in January 2023 compared to the same month in 2022. The gap between the current year’s sales and the corresponding period of the previous year continues to widen, with a significant 55 percent decline in sales in May.

Until 2022, liquor sales consistently showed an upward trajectory. However, in 2023, a distinct downward trend has emerged, with sales steadily declining each month. This indicates a significant decrease in consumer demand for liquor.

In May, the sale of Indian Made Liquor (IML), including Indian Made Foreign Liquor (IMFL), has experienced an astonishing decline of 65 percent. Additionally, beer sales have also decreased by 17 percent, which is highly unusual considering that beer sales typically rise during the summer season. This unprecedented decrease in beer sales further adds to the notable impact on the overall liquor market.

According to individuals involved in the liquor retail trade, the decline in beer sales can be attributed to a recent workers’ strike at one of the major breweries, leading to a shortage in supply in the past few days. However, they find the decline of more than half in Indian Made Liquor (IML) sales to be highly unusual and not easily explained.

It is noteworthy that there has been no decrease in sales reported in bars; in fact, a bar owner in Vijayawada has stated that sales have increased by at least 15 percent. D Vasudeva Reddy, the Managing Director (MD) of Andhra Pradesh Beverages Corporation Limited (APBCL), acknowledged a decline in beer sales during May, which he attributed to a brief period of short supply.

In contrast to the sales data displayed on the chief minister’s real-time dashboard, Vasudeva Reddy offered a differing perspective. He stated that there has not been a significant decline in the sale of Indian Made Liquor (IML). According to Reddy, the overall decrease in sales is estimated to be no more than 8 percent, contradicting the figures shown on the dashboard.

Latest articles

Pladis introduces two tempting new flavors to McVitie’s Digestives portfolio

Pladis, the snackin͏g giant, h͏as i͏nt͏ro͏d͏uced͏ tw͏o͏ fr͏es͏h vari͏a͏n͏t͏͏͏s ͏o͏f its re͏nowned McVitie’s Digestives...

World food price index holds steady in June; cereal prices decline, dairy and sugar prices rise

The͏͏ United Nations' world food price index held s͏tea͏dy in Ju͏͏n͏e, accordi͏͏ng͏͏ ͏t͏o da͏͏ta...

Mama Nourish and Nature’s Basket join forces to launch Laddubars across Mumbai

Mama Nourish, a p͏r͏o͏mi͏nent In͏dian bra͏nd focused ͏on͏ ͏m͏͏o͏͏dernizin͏g tr͏adi͏t͏io͏nal͏ nutr͏͏i͏͏͏tiona͏l͏ reci͏p͏es, has team͏e͏d...

Hospitality industry optimistic as budget nears, pushes for infrastructure status to boost investment and growth

A͏s the͏ budget ͏approaches͏, the ͏hospitality industry is ͏o͏pti͏mistic͏ about͏ sec͏uri͏͏͏͏͏n͏g infrastructure-͏͏lin͏ke͏d͏ ben͏͏ef͏it͏s f͏o͏r...

Related Articles

Glenwalk Whisky targets INR 200 Cr turnover, Maharashtra to get ‘small’ surprise

Cartel Bros, the maker of Glenwalk Whisky, is setting ambitious targets for the financial...

India considers ‘reference price’ to curb under-invoicing of imported alcohol

As the negotiations for a free-trade agreement (FTA) between India and Rishi Sunak's government...

From Live Screening to Unlimited Beers: Celebrate Cricket World Cup Final At Khubani – Delhi

As the cricket fever reaches its zenith, the entire nation is gearing up for...
× Drop a, Hi?