As per the Business Monitor International (BMI) research, the Indian beer market is

at strong
growth stage and is expected to grow with a compound annual growth rate (CAGR) of
6.9%
between 2018 to 2022 to reach the beer consumption of 6.5bn litres.
There are many reasons for this growth which is given as:
1. Adoption of western culture among young urban consumers
2. Introduction of multiple low alcohols by volume and no-alcohol beers has
attracted
health-conscious consumers
3. Lower price and improvised taste of beers have increased the consumption of
beers