Makers of spirits, beer, and wine are working to identify new markets of growth as two of the industry's biggest liquor markets, Maharashtra and Telangana, remain embroiled in taxation and payment issues.
Raising toast to 25 successful years, India's largest wine maker Sula Vineyard is eyeing a sustained double-digit growth in revenue over the next five years, buoyed by growth in the premium and elite categories and expansion of its new ranges. It was during Covid that the vineyards shifted focus to its own brands and pivoted towards growing the premium and elite segment of the market.
Nashik-based Sula Vineyards, a leading premium wine brand company in the country, has now diversified into hospitality industry.
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It also asked why the data shared pertained to a period from April 2019 even though the scheme for anonymous political funding was introduced in 2017.
From steel tycoon Lakshmi Mittal to billionaire Sunil Bharti Mittal's Airtel, Anil Agarwal's Vedanta, ITC, Mahindra and Mahindra, and a lesser-known Future Gaming and Hotel Services were among the prominent buyers of the now-scrapped electoral bonds for making political donations.
The couple, who have been married for nine years now, looked stunning in a bridal-themed photoshoot they did at Sula.
Most producers have put off plans to make capital investments in their wineries, and implemented cost-reduction measures to conserve cash.
It's been 16 years since Rajeev Samant launched the first Sula wine by selling 50,000 cases. Today Sula is on track to sell a million cases this year.
There are six kinds of wine drinkers, reveals Alok Chandra.
If we don't want small Indian wineries to disappear, it's worth supporting them by buying and drinking their wines, says Alok Chandra.
It's time to eat, drink and be merry.
Domestic wineries have moved from creating predominantly sweet wines in their initial years to drier, complex blends now. They also seem to be investing more in wine tourism.
Raise a toast to good health with wine. But this time let's go for the Indian ones.
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The Eclipse, with its vanilla and fruity palette, is easy to drink on the rocks, says Ritika Kochhar.
As consumers in India seek variety and innovative products, there's a lot of interest among investors for healthier products.
'We are lucky to have found each other and to have grown and been together for so many years.'
Indian wines are getting better all the time, says Alok Chandra.
Staff at India's second largest winemaker are preparing for their 10th annual harvest party in mid-March at a new amphitheatre in the vineyard, which lies in the some of the richest agricultural lands of the western state of Maharashtra.
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It is clear that wineries with good facilities for visitors will gain significantly both in image as well as in commercial terms, says Bengaluru-based wine consultant Alok Chandra.
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Despite rosy projections the fact remains that wine in India is not seen as an approachable beverage.
Mexico coach Sven-Goran Eriksson was fired on Thursday, less than 24 hours after his team lost 3-1 to Honduras in a World Cup qualifier. The Swede's position has been the subject of frequent speculation after several away defeats including two World Cup reverses in Honduras and one in Jamaica.
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.
Mexican media called on Sven Goran-Eriksson to quit as national coach on Thursday, a day after his side lost to Honduras and avoided an early World Cup exit by the skin of their teeth.
Indian wines are getting better all the time, says Alok Chandra.
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South American champions Chile have been handed a stadium ban for the third time in the 2018 World Cup qualifying competition because of homophobic chanting by their fans, FIFA said on Monday.
'Wine is an indicator of the quality of life,' says Alok Chandra.
An excerpt from Conde Nast India's Make In India magazine.
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