Telangana's ₹3,900 Crore Liquor Dues Threaten Davos Ambitions, Industry Warns

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CNBC TV18•15-01-2026, 17:53
Telangana's ₹3,900 Crore Liquor Dues Threaten Davos Ambitions, Industry Warns
- •Three major alcohol industry associations (BAI, ISWAI, CIABC) warned Telangana government about over ₹3,900 crore in delayed payments to alcoholic beverage suppliers.
- •The associations urged the government to clear dues before the World Economic Forum (WEF) in Davos 2026 to restore investor confidence.
- •Payment delays are seen as diluting the state's credibility and ability to attract investments, despite Telangana's plans to position itself as a business-friendly destination.
- •Outstanding dues from Telangana State Beverages Corporation Limited (TGBCL) exceed ₹3,900 crore, with ₹900 crore pending for over a year.
- •The alcobev sector, a major contributor to Telangana's tax revenues (over a third of state tax), supports 70,000 direct and indirect jobs, but faces operational and supply-chain risks due to the payment crisis.
Why It Matters: Telangana's mounting liquor dues jeopardize its investment appeal and industry stability ahead of Davos.
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