The duty cut regime on Australian wine under the recent trade agreement strikes a balance between protecting the domestic industry and opening the path for greater investments and tie-ups
Sula Vineyards Ltd., which last month filed for an initial public offering, says it has over a 50% share of India's small but rapidly growing wine market
The quality (and price) of wines made in India improves/increases each year and there's no question that our best wines are today much better than most imported wines priced at the same level.
The restrictions on sale of non essential items and liquor will continue to remain in force in containment zones in Mumbai and Pune metropolitan regions
We believe there is a clear market opportunity for Indian wine, especially in the Indian restaurant sector, said Ed Baker, managing director at Kingsland Drinks
Projecting a per capita wine consumption of 1 litre in 20 years would give us a market of 1.6 billion litres or 180 million cases - which meant a lot of opportunities to sell wines to Indians