14 Sep 2025 | 3 Mins Read
UBL expects 6-7% volume growth led by GST reforms
Flipitmoney
United Breweries Ltd (UBL) expects a 6-7% volume growth this fiscal, driven by premiumisation growth of 25%. CEO Vivek Gupta attributes this to GST reforms and notes the industry's strong long-term outlook, but stresses the need for reduced tariffs and separation of beer from spirits for taxation purposes to boost consumer affordability.