Encouraged by the Indian Grape Processing Board (IGPB), Indian wine producers are now looking to export to countries closer home in Asia, starting with Hong Kong, Singapore and Thailand, states a Times of India news report.
India’s current wine production is around 12 million litres a year, with a market size of Rs 48 crore, while Indian wine exports account for about 12 lakh litres, valued at Rs 50 crore, according to TOI.
Of the total wine sales in the country, 65 per cent of consumption is accounted for by the hospitality industry, while the rest comes from retail wine shops. Of the 93 wineries in India, 75 are located in Maharashtra with 36 wineries are in Nashik, 12 in Pune, 13 in Sangli, five in Solapur, four in Osmanabad, three in Buldhana and one each in Latur and Ahmednagar.
Maharashtra accounts for almost 91 per cent of the total wine produced in India and Nashik contributes to 80 per cent of the production from Maharashtra.
Read more about Indian wine exports here.