ISWAI

Latest, : An International Spirits & Wines Association of India (ISWAI) report says alcohol tax revenue rose from ₹2.4 lakh crore in FY20-21 to ₹4 lakh crore in 2024-25.

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All 18 stories on ISWAI

Background

From 7 stories, the newest dated 10 Oct 2026. Summary written 15 Oct 2026.

ISWAI, the International Spirits & Wines Association of India, is an industry body for alcoholic beverage makers, and Fortune India cites its data on the sector.[1] source: Fortune India[2] source: Mint

Show 3 more paragraphs and 7 sources

Its chief executive is Sanjit Padhi.[3] source: Mint ISWAI estimates India's alcoholic beverages market at ₹6.2 lakh crore in 2025.[4] source: CNBC-TV18 It wants states to raise revenue through premiumisation rather than higher taxes, and it seeks tax rationalisation and pricing freedom for premium products.[4] source: CNBC-TV18

In October 2026, an ISWAI report said premium spirits volumes grew at a compound annual rate of 10.2% between 2022 and 2025, against 1.1% for the lowest-priced category.[5] source: Times of India The same report put Indian malt whisky growth at about 39% annually and said Indian malts overtook Scotch malts in 2024.[5] source: Times of India ISWAI data show alcohol tax revenue of ₹4 lakh crore in 2024-25, 19% of states' own tax revenue.[1] source: Fortune India ISWAI estimates taxes make up 65–70% of a ₹100 alcohol bottle's price, and up to 80% in some states.[4] source: CNBC-TV18 It also says tier-one cities are already saturated.[6] source: Financial Express

In July 2026, ISWAI and CIABC disputed FSSAI's interpretation in show-cause notices over flavour and age claims, calling it a labelling issue, not safety.[2] source: Mint On the India-UK FTA, which cut Scotch and gin import duty to 75% from 150%, ISWAI estimated 12% savings on a Rs 2,500 750ml blended Scotch in Maharashtra.[7] source: ET Small Business

Sources

  1. ISWAI: Taxes make up 65–70% of a ₹100 alcohol bottle's price, up to 80% in some statesCNBC-TV18
  2. Premium alcobev grew at 10.2% CAGR in 2022-2025; ISWAI sees smaller cities driving the next premiumisation phaseFinancial Express

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Questions about ISWAI

Who leads ISWAI?

ISWAI's chief executive is Sanjit Padhi, who spoke to Mint in October 2026 about the outlook for India's alcoholic beverage market.[3] source: Mint

What is the latest on ISWAI in Indian retail?

In October 2026, ISWAI reported that premium spirits volumes in India grew at a 10.2% compound annual rate between 2022 and 2025, against 1.1% for the lowest-priced category.[5] source: Times of India

Stories that mention ISWAI

1 story

ISWAI is named in these stories but is not their subject.