Global Indian Alcohol Consumption Market Insights and Forecast to 2020
Summary – A new market study, “Global Indian Alcohol Consumption Market Insights and Forecast to 2020 “has been featured on WiseGuyReports. India is one of the fastest growing alcohol markets in the world. Rapid increase in urban population, sizable middle class population with rising spending power, and a sound economy are certain significant reasons behind increase in consumption of alcohol in India. Our latest report “Indian Alcohol Consumption - The Changing Behavior” provides a comprehensive analysis of the market size of alcohol industry on the basis of type of products, consumption in different states, retail channel and imported and domestic. The Indian alcohol industry is segmented into IMFL (Indian made foreign liquor), IMIL (Indian made Indian liquor), Wine, Beer and imported alcohol. Imported alcohol has a meager share of around 0.8% in the Indian market. The heavy import duty and taxes levied raise the price of imported alcohol to a ...