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This year's VinItaly had a "Focus on India" special section at which the Indian wine market was discussed. Titled "The Luxury of Wine: A glimpse into India’s emerging wine market" India's growth potential was highlighted with Magandeep Singh and Rajiv Malhotra giving presentations. Read "VinItaly: a “picklock” for the Indian market" to learn more about the event.
NDTV Profit is reporting that General Billimoria is planning to re-enter the Indian wine market but this time in partnerhsip with Ranjit Chowgule. Billimoria's Cobra Beer is finalizing a sourcing cum contract manufacturing arrangement with Champagne Indage Ltd.
As per the deal, Indage will source grapes and even bottle the wines in their units to Cobra's specifications. Initial volumes will be of 15,000 cases but this maybe scaled upto at least 50,000 cases in 2008-09. The bottles will be priced between Rs. 200 and Rs. 450. Sommelier India Publisher & Editor, Reva K. Singh was interviewed on NDTV Profit about this.
Global drinks giant, Diageo is looking to establish a strong wine business in India according to The Economic Times. This could include making local wines as well as importing others. Rumor has it that Diageo is trying to form joint ventures with local wineries. Adrian Pinto, who earlier led marketing operations for Sula will be leading this effort for Diageo.
The Spanish Ambassador held a cocktail to launch a five day business visit of the Chamber of Commerce of the Rioja region which accompanied various Spanish companies that deal in food, olive oil and wine. The wine companies that visited included almazara Ecologica de la Rioja S.L, Bodegas Enanzo, Champdore Distribuciones S.A., Bodegas Dinastia Vivanco, S.A, Bordegas Franco - Espanolas, S.A, Luis Gurpegui Muga, Marques de Reinosa S Coop, Bodegas Roda S.A and Vina Iljalba S.A.
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Imported liquor is all set to become cheaper with the government likely to bring in a Bill in Parliament next month to scrap additional customs duty on wines and spirits, a move that will also pacify the country's top trading partners - the US and EU.
"The finance ministry has agreed to the proposal which will soon be taken to the Cabinet for approval. The Bill is likely to come when Parliament meets after a three-week recess," highly placed official sources told the Press Trust of India.
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In an attempt to encourage grape cultivation and promote the wine industry, the Karnataka government has decided to establish two wine parks in the state. Financial subsidiaries will be offered to the farmers as well. About 9,700 hectares of area is under grape cultivation in the State and the estimated annual production is 1.67 lakh tonnes.
Bangalore has the third largest market for wines in India after Mumbai and Delhi. The city consumes around 31,000 cases per annum as against one lakh cases in Mumbai and around 54,000 cases in Delhi. Read The Hindu article for more information.
 | The International Herald Tribune discussed the Indian wine tariff issue in "Days of wine and roses, sobered by high tariffs in India" on March 15th, 2007. The EU and U.S representatives hope that the dispute can be resolved without a formal WTO dispute settlement. Reva Singh of Sommelier India was quoted discussing how high prices affect drinking habits across the India. |
| The Times of London covered the tariff issue on March 10th, 2007 and quoted Reva Singh of Sommelier India. The article titled, "India’s emerging taste for wine provokes tariffs row" also included some statistics on Indian wine consumption. For example, did you know that imported wines have a 15% market share of all wines sold in the country? |  |
Realising that Indian wine is slowly but surely catching the taste buds of the western world, the Indian ministry of food processing industries is looking at setting up a National Wine Board (NWB) to develop standards and generally promote the wine industry in the country. Read more at The Economic Times.
The debate over wine tariffs continues. On Wednesday, the Indian government said it was considering a cut in tariffs on imported wines and spirits, shortly after the US complained to the WTO saying Indian duties unfairly restricted exports by US producers. Kamal Nath said a reduction in duties could have been announced in India's budget last week, but this could be done later on as well, the PTI news agency reported. With pressure mounting, it seems only a matter of time before the tariffs are reduced.
For more on the story, read CNN-IBN's and The International Herald Tribune's coverage. And don't miss this Reuters story which includes the important perspectives of the Indian wine producers.
| While many in the wine industry were hoping that the Indian government would reduce the high taxes on the import of wine and beer in the new budget, there was no such luck. Indian Finance Minster P. Chidambaram decided to keep the taxes at 150% even while under pressure from the EU. Hotels are the only exception as they do not have to pay duty on wine, beer and other liquor. |  |
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 | Rajeev Samant and the Sula team tells us that Haiko supermarket in Hiranandani Gardens Powai is first off the blocks in obtaining the new wine retail license, recently announced by the Maharashtra Government, which allows supermarkets to sell wine for the first time. As seen on the left they are carrying a range of Sula wines. |
Also listen to an audio interview of Rajeev Samant conducted by journalist Kamla Bhatt at the TIE Entreprenurial Summit. On a separate note, Sula's Cabernet Shiraz 2005 and Dindori Reserve Shiraz 2003 were featured in the greatest-quality wine list in Asia Wine Report 2007. The report which covers the Asian Wine Industry also mentions Chateau Indage and Grover Vineyards in other categories.
 | Queensland (Australia) Wine Industry Development Minister Margaret Keech is in India at the moment to encourage luxury hotels to stock their wines. She discussed their virtues with the former Bangalore Wine Club President on a visit to Grover Vineyards. Currently no Queensland wines are exported to India. To learn more visit their Wine Industry Association. |
This does beg the question, will India at some point in the future need state and central wine ministers? Officials who can speak on behalf of the industry and help promote Indian wines around the world? Some government officials are already taking the initiative.
 | Minister Counsellor, Marc Fonbaustier from the French Embassy said, "It gives me immense pleasure to be here at the inauguration of the 5th edition of “India food & Wine Show 2007”, an event that has certainly come a long way since its inception in 2002. When Rajiv Malhotra, Director of Lotus Exhibition, presented his salon project in 2002, specially focusing on wines and fine food at the Embassy of France in India, the market was far different from what it is today. |
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 | Kapil Grover recent lunched with Subir Roy of Business Standard to discuss his passion for wine and the Indian wine industry. In an enlightening interview he discussed the industry, production, wine culture and drinking.
" Kanwal Grover, who has marketed high end machine tools all his life, paid innumerable visits to France during the seventies and eighties until the French industry lost out to the Japanese. His great desire was to introduce fellow Indians to the joys of wine drinking." Read the full article at the Business Standard. |
 | Chateau Indage is acquiring Tandou, an Australian wine company. Tandou was formed in 1972 and has a capacity of 3 million cases per annum. They market the Broken Earth and Wontanella wines and source from different vineyards. They are based in Riverland wine region at Monash, South Australia. |
Chateau Indage currently produces 1 million cases per year and is one of India's largest wine producers.
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