Govt Kicks Off Divestment Of Chitali Distilleries
The state government has started the divestment process in Chitali Distilleries. It has demerged the firm from Western Maharashtra Development Corporation (WMDC), the holding company.
Even as the process is going on, two out-of-state firms, Vam Organics and Laxmi Organics, have evinced a interest in acquire the government stake in the distillery. Chitali Distilleries possesses licences to produce Indian-manufactured foreign liquor and country liquor.
Vishwas Dhumal, secretary for industries, said: