“We anticipate the year 2020-21 to be flat like last year. Even a minor subdued growth will be dampened by the likely impact of higher taxes in many states facing a drop in revenue share due to the overall economic slowdown,” said Shekhar Ramamurthy, managing director of Heineken-controlled UB that sells Kingfisher beer.
from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/2TzfMns
Tuesday, 3 March 2020
Beer-makers don’t expect a high from the brew in 2020-21
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