CIABC Calls for Stricter Import Measures to Protect Indian Liquor Industry

CIABC urges the government to implement stricter measures against imported liquor dumping while promoting domestic products. The body seeks phased reduction in import duties, requests withdrawal of excise concessions, and advocates for better international market access to protect Indian manufacturers.

The Confederation of Indian Alcoholic Beverage Companies (CIABC) has called for the government to implement stringent measures to tackle the dumping of imported spirits and to promote greater market access for domestic products. This comes amidst recent reductions in import duty rates on bourbon whiskey.

While CIABC isn't opposed to reduced import duties, they advocate for a phased approach to such cuts. Director General Anant S. Iyer emphasized the need for a fair playing field in free trade agreements (FTAs) and urged the withdrawal of state-level excise duty concessions on imported alcohol.

CIABC highlighted non-tariff barriers in Western countries as a significant hurdle for Indian products, advocating for recognition of Indian whiskies internationally. The industry, contributing over Rs 3 lakh crore in revenue, seeks protection against the threat of cheap imports.