European alcoholic drinks companies seek India tariff relief as shortages of cans, bottles loom
NEW DELHI, April 9 (Reuters) – A European alcoholic drinks companies, whose members include Pernod Ricard, Anheuser-Busch InBev, Heineken and Carlsberg, has asked India for an exemption from a 10% import duty on glass bottles and aluminum cans, amid shortage fears triggered by the Iran war, a letter, seen by Reuters, shows. The Federation of European Businesses in India wrote to the Indian government on April 2 highlighting that companies’ can and bottle supplies were constrained as local manufacturers were not able to operate at optimal capacity. The letter highlights pressures in India’s $65 billion alcohol market which is facing