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Home alcoholic drinks

Alcohol Beverages Sale: With coronavirus in the air, Indians are drinking more in the safety of their homes

FBR by FBR
June 14, 2021
in alcoholic drinks
0
Alcohol Beverages Sale: With coronavirus in the air, Indians are drinking more in the safety of their homes


Synopsis

With people drinking at home, ‘off-premise’ or retail stores accounted for 88% of alcobev sales last year, up from 73% in 2019, according to the latest International Wine and Spirits Research (IWSR) data.

The consumption of liquor at bars and restaurants in 2020 shrank to about a 10th of the overall share- it’s typically about a third – as outlets were forced to shut due to the Covid-19 pandemic and folks imbibed their alcohol at home.

According to data that’s just been released, the so-called on-trade channel accounted for 11% of all liquor sold in the country last year. Bars and restaurants were shut for many months due to Covid and

BY

ET Bureau

4 mins read, Last Updated:

Jun 14, 2021, 08:55 AM IST

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