Alcohol producers request price increases due to rising costs from West Asia crisis

Alcoholic beverage makers are seeking price hikes from state governments due to rising production costs. This request stems from supply chain disruptions caused by the West Asia crisis, leading to increased prices for glass bottles, cartons, and other packaging materials. The conflict has also impacted LNG supply for glass manufacturers and aluminium for cans, with freight costs and currency depreciation further exacerbating the situation.