hyderabad
United Breweries resumes beer supply to Telangana Beverages Corporation
United Breweries Limited (UBL) has resumed beer supplies to Telangana Beverages Corporation Limited (TGBCL) after temporarily halting them due to pricing issues and outstanding payments. UBL had initially stopped supplies on January 8th, citing sustained operating losses and a lack of price adjustments since 2019-2020. However, after constructive discussions with TGBCL, the corporation assured UBL they would address these issues within a specified timeframe. This decision to restart supplies was made as an interim measure in the interest of consumers, workers, and stakeholders, while UBL continues to engage with TGBCL. UBL emphasizes their commitment to Telangana, contributing over ₹24,500 crore annually to the state’s revenue, and hopes the Telangana government will address the industry's concerns to ensure stability and product availability.04:02 PM Jan 20, 2025 IST