Pincon Spirits Surge As West Bengal Government Roll Out New Licensing Policy

The West Bengal government has decided to issue on-shop licences to all existing Liquor off-shop vends, situated within 500 metres of all National and State Highways in the State of West Bengal, with effect from April 1, 2017. The decision by the West Bengal Government has dissolved the doubts over the adverse impact on the sales volume of Pincon Spirit Limited over the coming years.

The Company has also signed a MoU for takeover of five liquor sales retail outlets in West Bengal to add on to its existing 38 liquor outlets.

The Supreme Court’s recent order to shift all liquor shops within 500 metres of National and State Highways has been subject to protests in many residential areas of the country where liquor shops are likely to get relocated.

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About Suhani Varma

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