Heineken's United Breweries halts beer sales in Indian state

Heineken's United Breweries halts beer sales in Indian state over pricing
By Nandan Mandayam and Rishika Sadam BENGALURU/HYDERABAD (Reuters) -Heineken-owned United Breweries on Wednesday stopped supplying beer to Telangana in southern India, following the state's refusal to allow price rises,
Heineken’s India Unit Stops Beer Sales to Key State, Shares Drop
Heineken NV’s Indian unit suspended supply of beer to the southern Indian state of Telangana, citing unprofitable prices and missed payments.
Heineken-Controlled United Breweries Suspends Beer Supply To Telangana Over Operating Losses
United Breweries highlighted that despite continuous efforts over the past two years, there has been no increase in the base prices of its products since the 2019-20 fiscal year.
Heineken-controlled United Breweries halts beer supply in India's Telangana state
United Breweries said on Wednesday that it has suspended supplying beer to a state-run corporation in the southern Indian state of Telangana, which will halt sales of popular beer brands such as Heineken and Kingfisher in one of the country's top liquor-selling states.
Telangana rations beer to depots after United Breweries suspends supply
United Breweries Ltd has suspended beer supply to Telangana due to owed payments and low state prices. The Telangana Beverages Corporation Ltd and excise department have started rationing beer stocks to depots.
No more Kingfisher, Heineken beer in Telangana as United Breweries suspend supply over pricing
Telangana is India's biggest beer-consuming state, with Kingfisher, including Kingfisher Strong, Kingfisher Ultra, and Kingfisher UltraMax, accounting for around 60 per cent of the total sales. Telangana accounts for around 15-20% of United Breweries’ beer sales and 10%-12% of the company's earnings.
Global alcohol firms demand $466 mln from Indian state in payments row, sources say
Global alcohol companies such as Diageo, Pernod Ricard and Carlsberg are demanding unpaid dues of about $466 million from ...
The Week6h
Tipplers heartbroken as Kingfisher flies away from Telangana, ends sales
United Breweries has pulled out from Telangana due to differences over pricing with Telangana government. Wine shop owners ...
retail.economictimes.indiatimes14h
Beer prices in Telangana based on FY19 cost; Rs 3,900 crore dues remain unpaid to alcoBev sector: BAI
United Breweries and the Brewers Association of India (BAI) have raised concerns over the commercial viability of beer prices ...
Alcohol firms demand $466 million from Telangana, Heineken stops supply to India’s largest beer consumer
Wednesday's unusual move by India's biggest beer company sparked a fall of 7% in its shares at a time when the industry faces ...
Kingfisher, Heineken beer will no longer be available in THIS state, know why
UBL highlighted the unviable nature of its operations due to stagnant base prices for its products over the past two years.
International alcohol firms seek $466 million in unpaid debts from Telangana govt: Report
Diageo, Pernod Ricard, and Carlsberg are claiming $466 million in debts from Telangana, India. Heineken stopped supplies over ...
Diageo, Pernod Ricard and Carlsberg demand $466 million from Telangana in payments row, sources say
Global alcohol companies, including Heineken's United Breweries, Diageo, and Pernod Ricard, are demanding $466 million in ...
India's Modi looks to new economic playbook as risks mount
After world-beating economic growth last year, India's policymakers are scrambling to head off a sharp slowdown as worsening ...