The southern city of Puducherry had the highest excise duty share of 34 percent on the state tax revenue from alcoholic beverages in India during the financial year 2022. Comparatively, the state of Karnataka had an excise duty share of 22 percent in the same period.
Alcohol market outlook
The overall Indian alcohol market includes Indian-made Indian liquor (IMIL), Indian-made foreign liquor (IMFL), wine, beer, and imported alcohol. The size of the IMFL market was approximately 20 billion U.S. dollars during the financial year 2021, with an anticipated growth trend. On the contrary, the IMIL segment was projected to reach about 350 million cases by the year 2025. One case of alcohol consists of 12 bottles, different sizes of bottles are available depending on the case.
Alcohol consumption
Alcohol consumption in India presents a multifaceted narrative. Different regions across the nation demonstrate a varying degree of acceptance and restrictions regarding alcohol, often under the sway of state regulations. The per capita alcohol consumption, standing at 5.8 Liters, is forecasted to rise in the coming years. Among the array of options, beer and wine emerged as the most favored alcoholic beverages among Indians.
Share of excise duty on state tax revenue of alcoholic beverages in India during financial year 2022, by leading state
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Keynote Capitals. (March 24, 2023). Share of excise duty on state tax revenue of alcoholic beverages in India during financial year 2022, by leading state [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1396628/india-excise-duty-on-alcohol-tax-revenue-by-state/
Keynote Capitals. "Share of excise duty on state tax revenue of alcoholic beverages in India during financial year 2022, by leading state." Chart. March 24, 2023. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1396628/india-excise-duty-on-alcohol-tax-revenue-by-state/
Keynote Capitals. (2023). Share of excise duty on state tax revenue of alcoholic beverages in India during financial year 2022, by leading state. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1396628/india-excise-duty-on-alcohol-tax-revenue-by-state/
Keynote Capitals. "Share of Excise Duty on State Tax Revenue of Alcoholic Beverages in India during Financial Year 2022, by Leading State." Statista, Statista Inc., 24 Mar 2023, https://www.statista.com/statistics/1396628/india-excise-duty-on-alcohol-tax-revenue-by-state/
Keynote Capitals, Share of excise duty on state tax revenue of alcoholic beverages in India during financial year 2022, by leading state Statista, https://www.statista.com/statistics/1396628/india-excise-duty-on-alcohol-tax-revenue-by-state/ (last visited October 31, 2024)
Share of excise duty on state tax revenue of alcoholic beverages in India during financial year 2022, by leading state [Graph], Keynote Capitals, March 24, 2023. [Online]. Available: https://www.statista.com/statistics/1396628/india-excise-duty-on-alcohol-tax-revenue-by-state/