India, April 25 -- The Confederation of Indian Alcoholic Beverage Companies (CIABC) has said that proposed changes in the excise policy by the Karnataka Government must be carefully calibrated to deliver balanced outcomes, and should favour any particular category, including beer.

In press statement, CIABC Director General Anant S Iyer said though the introduction of the Alcohol-in-Beverage (AIB) mechanism is a progressive step and reflects the Government's intent to reform the sector, the revised framework must be carefully calibrated to deliver balanced outcomes across three critical pillars - consumer affordability and pricing outcomes, industry sustainability with scalable production, and Government revenue with an emphasis on the qu...