Global alcohol firms demand 40 billion rupees from Telangana in payments row, sources say
NEW DELHI, Jan 9 (Reuters) – Global alcohol companies such as Diageo, Pernod Ricard and Carlsberg are demanding unpaid dues of about 40 billion rupees from Telangana, where Heineken suspended supplies this week in an unprecedented move, three industry sources said. India is the world’s eighth-biggest alcohol market by volume, with annual revenues that Euromonitor estimated last year at 3,848 billion rupees. Its states individually regulate pricing of alcohol products, which are major contributors to their revenue. Heineken’s United Breweries has said it will halt supplies to southern Telangana, India’s biggest beer consumer, because of delayed payments and lack of