Liquor biz cautious about price push in lower segments, beer

LIQUOR prices in Karnataka in the first four slabs (with lowest MRP) of Indian Made Liquor (IML) are likely to go up from April 1, given the increase in Excise revenue target by Rs 3,500 crore for financial year 2025-26.

- BALA CHAUHAN @ Bengaluru

LIQUOR prices in Karnataka in the first four slabs (with lowest MRP) of Indian Made Liquor (IML) are likely to go up from April 1, given the increase in Excise revenue target by Rs 3,500 crore for financial year 2025-26. CM Siddaramaiah announced Rs 40,000 crore as the "revenue collection target for 2025-26" while rationalising the estimated total revenue (collection) of "Rs 36,500 crore from (earlier Rs 38,525 crore) State Excise in revised estimates for 2024-25".