EU Alcohol Makers Seek 10% Duty Waiver

European alcohol lobby including Heineken, Carlsberg, Pernod Ricard, AB InBev asked India to waive 10% duty on glass bottles and cans.
The appeal cites Iran conflict‑driven supply disruptions, domestic packaging capacity shortfalls and potential 30% cost rise if firms source elsewhere.
India’s $65 bn alcohol market, growing ~8% annually to 2033, faces raw‑material price hikes of up to 15% and rupee depreciation pressures.
Energy crunch limits LPG to 70% of pre‑crisis levels and LNG imports hit lowest since Jan 2025, threatening glass production.