Wine Consumption to touch 9 million litres

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Domestic wine consumption is expected to touch around nine million litres by 2010 growing at a CAGR of around 22 percent per annum according to a new study. It is currently estimated at five million a year with Delhi, Mumbai, Chennai, Kolkata, Pune and Bangaluru drinking the most. Currently India’s wine market is at the equivalent of 200 people sharing one bottle per year. 63 percent of volume sales are still through off-trade channels in the five star hotels, pubs and bar restaurants says the study.
For more information, read the DNA Mumbai story which discussed the study in detail.

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