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ANALYSIS - WINE CONSUMPTION AND PRODUCTION TO INCREASE IN INDIA - www.tradingmarkets.com

NEW DELHI, Jun 03, 2008 (AsiaPulse via COMTEX) -- -- Rapid economic growth coupled with the rising income levels and exposure to the western life style is pushing wine consumption in India.

According to a study published by the UK, wine consumption in India is growing at the rate of 50 per cent per annum and it is expected to touch 17 million litres per annum by 2011 from the six million litres in 2006, thus registering a three fold growth in the segment.

 As per the study, wine consumption in India stood at six million liters in 2006 and in the last four years has risen by over four times.

 for more details visit www.tradingmarkets.com

Published Jun 04 2008, 12:36 PM by admin
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