date:Apr 05, 2016
le the Indian beverage cans market, compared to the West, is still in nascent condition, it is facing further growth challenges in the form of policy hurdles such as excise duty on aerated and sweetened beverages. Netscribes points out, The current hike of 3 per cent excise duty on aerated or sweetened beverages is slated to have a negative impact on the entire value chain. This is the third consecutive increase in excise duty since July 2014 and has resulted in an overall increase of 75 per cen