Internationals step boldly into tiger’s lair
By Chris Brook-Carter | 24 June 2002
With low per capita consumption and plenty of targets for acquisition in a still fragmented market, India has become an irresistible development area for international brewing groups. But its complex and bureaucratic tax system, not to mention the exorbitant tax rates themselves, will continue to check their progress. Chris Brook-Carter reports.
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With low per capita consumption and plenty of targets for acquisition in a still fragmented market, India has become an irresistible development area for international brewing groups. But its complex and bureaucratic tax system, not to mention the exorbitant tax rates themselves, will continue to check their progress. Chris Brook-Carter reports.
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