date:Apr 01, 2016
t, from 12 per cent to the current 21 per cent. As per industry estimates, the aerated beverages industry has been witnessing a slowdown, with a compounded annual growth rate of 12 per cent in recent years, declining to less than 4 per cent in 2015. The hike in excise duties will slow the growth of the already mellowed beverages can sector even further.
In contrast, the Western nations have adopted the idea of aluminium can packaging as the companies receive credible recycle benefit in 3-4 year