Govt eyes $1 bn export opportunity from alcoholic, non-alcoholic drinks

AMID a rise in demand for Indian liquor, the government is eyeing $ 1 billion in exports from alcoholic and non-alcoholic beverages over the next few years.

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The Agricultural and Processed Food Export Development Authority (APEDA), which comes under the Ministry of Commerce and Industry, said they have plans to promote Indian alcoholic and nonalcoholic beverages in the international markets.

"It (APEDA) is potentially eyeing $1 billion in export revenue over the next few years. APEDA as part of the 'Make in India' initiative has been targeting to increase exports of Indian Spirits to major foreign destinations," said a statement issued by the commerce ministry.