India, July 9 -- letters@htlive.com

Lucknow: The state excise department will be holding a first-of-its-kind Excise Investor Summit at Indira Gandhi Pratishthan here on Wednesday. It has partnered with Invest UP to attract more investment in the state.

Minister of state (Excise and Prohibition) Nitin Agarwal will be inaugurating the Summit around 10 am followed by an address by excise commissioner Dr Adarsh Singh. A report on the alcoholic beverage industry in Uttar Pradesh by ISWAI (International Spirits and Wines Association of India, will be released by the minister on the occasion.

According to the report, UP's alcoholic beverages industry contributed around Rs.56,000 crore (FY 2023-24) in market revenue, which is equivalent to 2.4...