With wine drinking becoming a social norm among various sections of the Indian society, foreign wine makers are now making a beeline to tap the wine market in India.
The University of Adelaide, Australia, will soon set up India's first wine institute at Narayangaon, 80 km from Pune, Maharashtra, in association with India's largest wine making company, Champagne Indage.
The excise authorities of some states are playing spoilsport by subjecting imported beverages to the same levies as the domestic drop without application of mind.
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Despite rosy projections the fact remains that wine in India is not seen as an approachable beverage.
Liquor baron Vijay Mallya is believed to have acquired Bouvet-Ladubay, the wine subsidiary of French champagne major Taittinger for $15 million.
The small sized Austrian wine market is set to make a bid for the growing thirst in India.
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It's Christmastime, New Year's is around the corner and wine is certainly the spirit of the season. So if you're planning to eat, drink and make merry these next few days, here are a few great wine-and-food pairing suggestions for you from MP Sharma, chief vintner and wine consultant with Nashik-based Vinsura Wines.
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The UB Group, which is an established leader in the Indian beer and spirits market, is aiming to replicate its success by addressing the wine market with its two companies - United Spirits and United Breweries.
A World Trade Organization dispute settlement panel has dismissed the United States' complaint against India over the excise duties on foreign wines and spirits, according to sources.
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The Sonal Holland Wine Academy will be conducting the WSET Foundation level in Mumbai for anyone wishing to start their wine education in a structured and concise way.
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The total wine market in the country consists of 1.2 million cases, according to an industry estimate, of which the imported wine segment is a mere 22,000 cases or 20 per cent. Champagne Indage -- one of the biggest domestic players and producers of domestic wine under the Chateau Indage umbrella -- recently launched Indage Vineyards to bring in contemporary and new range of wines from across the globe to India.
If the United States has its way in the World Trade Organisation, Indians may soon be able to savour the famed Californian wine for a much lesser price.
Women will now be able to boost their cup size by filling their bra with wine.
Investment in Maharashtra's wine industry has increased by 74.31 per cent to Rs 247.71 crore (Rs 2.477 billion) in the fiscal year 2006-07, compared to the previous fiscal, with the establishment of eight new wineries.
With the wine market in India poised for heady growth, liquor companies are ready to uncork their best wines. Currently, the Indian wine market is estimated at 1.2 million cases (one case has 12 bottles of 750 ml each), with imported wines accounting for a mere 200,000 cases.
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