ADVERTISEMENTThe letter highlights pressures in India's $65 billion alcohol market which is facing higher costs for glass bottles, cartons and labels as a result of the Middle East crisis. Prices of glass, cans on the riseIndia's alcohol market is expected to grow at nearly 8 per cent a year until 2033, making it among the world's fastest growing, Coherent Market Insights said. "The war has brought down the domestic supply of glass bottles and aluminium cans substantially and the beer industry must import them if it has to meet the domestic demand," the association's director general Vinod Giri said on Thursday. "Price of glass and cans has also risen substantially in the international market, which has further increased for Indian importers due to the fall in Indian rupee." March imports of liquefied natural gas - often used in glass factories - were the lowest since January 2025, LSEG data shows.
Source: The Telegraph April 09, 2026 17:35 UTC