New Delhi: The Indian Grand Prix promises to be one grand party for the Greater Noida excise department. As end of October spells Formula-1 action on the newly built Buddha International Circuit, the authorities hope to make big bucks out of liquor sales. The department has predicted over 3 lakh bottles of beer, and an equal number of foreign-made liquor bottles will be guzzled during the three-day event, generating a tax turnover of over Rs. 6 crore.
The racing gala, expected to be attended by over 1.5 lakh fans of the sport, will help the district's excise branch achieve high targets in no time, said senior officials. The government dictated target for the year is Rs. 287 crore, out of which the department had achieved sales of Rs. 113 cr till last month. "These three days would easily help us bridge the rest. It will be a revenue generator like never before," says Mahinder Pal Singh, district excise officer. The officials predict that both Indian made foreign liquor (IMFL) and foreign liquor will be a hit with the spectators, which will be a mix of Indians as well as foreign nationals.