India, June 17 -- Alcobev industry associations in Jharkhand have raised serious concern over pending dues exceeding Rs 200 crores, which has badly impacted cash flows and supply chain efficiency, besides shaking investor sentiment.

The leading associations of the alcoholic beverage sector -the Confederation of Indian Alcoholic Beverage Companies (CIABC), the Brewers Association of India (BAI), the International Spirits and Wines Association of India (ISWAI), have urged the Jharkhand Government to immediately release pending dues to avert alcobev supply crisis in the State.

The three leading Alcobev Industry Associations have also sought separation of supplier payments from internal reconciliation processes within the State Government's...