Hotline: 1800 102 2007
X
Search Business Opportunities
Food and Beverage 2016-03-01

Budget 2016: Soft drinks may get costlier this summer

Beverage makers including MNCs and Indian top brands have hiked their pricing last year only as the government had imposed sin taxes of around 5% and 0.5%, respectively, on colas in previous two budgets.

Budget 2016: Soft drinks may get costlier this summer

You may have to pay extra on your favourite colas this summer, as the soft drinks pricing may go up by Rs 1-8 depending on the pack size.

Budget 2016 didn’t bring much positivity to the industry as the excise duty on sugary aerated drink has been increased from 18% to 21% by Finance Minister Arun Jaitley.

Beverage makers including MNCs and Indian top brands have hiked their pricing last year only as the government had imposed sin taxes of around 5% and 0.5%, respectively, on colas in previous two budgets.

From Rs 2 for a 200ml glass bottle, prices increased by around Rs 8 for PET bottles.  

Comment
Related opportunities
  • Security Services
    About Us: A GPS tracking unit is a device that uses..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 50 K - 2lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Fine Dine Restaurants
    About Us  The Grand Thakar`s family restaurant is a popular eating..
    Locations looking for expansion Gujarat
    Establishment year 1965
    Franchising Launch Date 2017
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Casual dine Restaurants
    About Us: Ginger Ganesha, a name synonymous with mouth-watering dosas in..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi Delhi
  • Dairy/F&V Stores
    About Us : Moo Cow was started aiming to be the bigest..
    Locations looking for expansion Delhi
    Establishment year 2010
    Franchising Launch Date 2011
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts