March 6 (Reuters) - India's southern state of Karnataka plans to scrap government-administered price controls on alcoholic beverages from April 2026, a major relaxation for beer and liquor makers who have for decades required government approval to sell their products.
The state also plans to introduce an alcohol-in-beverage (AIB) based excise duty structure that taxes alcohol based on its strength and reduce pricing slabs to eight from 16, while allowing producers to decide prices.
United Breweries Limited is an India-based beer company, which is engaged in the manufacturing, purchasing and selling of beer and non-alcoholic beverages. It has manufacturing facilities in India. The Company operates through two segments: Beer, and Non-Alcoholic Beverages. Its Beer segment includes the manufacture, purchase and sale of beer, including licensing of brands. Its Non-Alcoholic Beverages segment includes the manufacture, purchase and sale of non-alcoholic beverages. It offers a range of beer brands, such as Heineken, Heineken Silver, Kingfisher Premium, Kingfisher Strong, Kingfisher Ultra, Kingfisher Ultra Max, Kingfisher Ultra Witbier, Amstel Bier, Bullet, Bullet Super Strong, Cannon 10000, Zingaro, Kingfisher Storm, Kingfisher Blue, Kalyani Black Label, and others. It offers a range of non-alcoholic brands, such as Kingfisher Premium Packaged Drinking Water, Kingfisher Strong Power Soda, Kingfisher Storm Strong Soda, Kingfisher Ultra Non-Alcoholic and Heineken 0.0.
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