Uttar Pradesh eyes Rs 63,000 crore FY26 excise revenue

Uttar Pradesh aims to boost its excise earnings to ₹63,000 crore in fiscal 2025-26, driven by a new e-lottery policy for allocating retail liquor shops. The state anticipates an investment of approximately ₹7,900 crore to establish more manufacturing facilities, fostering premiumization within the liquor business. Efforts are underway to neutralize monopolies and attract investments in the alco-beverage industries.