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NCR Voyix • 10m
I want to know that in india liqour industry is very big. Still, no big companies are looking forward to catch the area. Is there any specific reason?
CHAIRMAN - BITEX IND... • 10m
Without political connections and courruptions you can't take liquor selling licence and also This industry is full of many complicated taxes and regulations . Still there is huge opportunity.
zomato and swiggy and no small comapanies they have much more money and connections and they shouldn't have any problem in buying the licence also. What are your views on this ?
They already started delivery in some cities but after some time they closed because of regulatory problems .
problems lile ?
Cash burn issues because of High tax and what about logistic cost als government instruct them ... actually if you want to give liquor delivery in any state then you need to take permission directly from state government also if any state cm did this then normal public will think that our state cm wants spread liquor addiction in our state .... Pura political mudda ban jata ha or ...for underage logo ne order Kiya tho koi check karne wala bhe nhi hoga ...... It's very complicated process and currently many companies are working on creating sustainable model for this and many failed .
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