UP Targets Rs 68,000 Cr Excise Haul by FY27; Boosts Exports, Investment

• Uttar Pradesh aims for a Rs 68,000 crore excise revenue target by FY27, redesigning its policy to become a competitive liquor manufacturing and export hub.
• The upcoming excise policy will be export-oriented, focusing on brand building, market reforms, and leveraging rising investment and distillery capacity.
• Excise revenues have nearly doubled in four years, driven by consistent policy reforms, better enforcement, and structural changes, with FY25-26 target at Rs 63,000 crore.
• The state has seen significant capital investment, with distilleries increasing from 60 to nearly 100, and a track and trace system eliminating 99.9% illegal liquor sales.
• Despite revenue push, the government emphasizes it does not promote alcohol consumption, focusing instead on regulating sales, ensuring quality, and preventing illicit liquor.

Why It Matters: UP's new excise policy targets massive revenue growth by FY27 through export focus, investment, and strict regulation.