Indian beer industry in major trouble due to West Asia war: United Breweries CEO

The Indian beer industry is in "major trouble...because of [West Asia] war and the financial impact...on input costs," United Breweries CEO-MD Vivek Gupta said. He attributed it to "cost increase on bottles, raw materials, [Indian rupee against] dollar not being great, exports getting hammered". "I'm asking for a 15% increasing in my selling price to...government, not the consumer," he added.

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