what has been the growth story of the indian wine market in the last five years in terms of consumption and value. how do you think the wine industry will grow in the future - in terms in consumption and value.

going by the recent economic changes in the country how feasible is the  growth of wine industry in India

Roughly speaking the Indian wine market has grown from about 400 Thousand cases per annum in 2002/3 to close to 1 million cases in 2007/8. About a third of this is for wines overRs 250. When you analyse reports Growth is set at about 25% per annum. Many imported wines bottles in Origin retail at Rs 1000+. If you consider this, anyone earning less than about Rs 15,000 is unlikely to be buying thes wines and this limits what many citizens are able to taste and experience.

In terms of growth then, this will generally be favoured towards local producers and their own capacity of growth and bringing vineyards onstream.  What is important here is that the wineries are producing wines in line with customer demand. If this is achieved then the outlook is generally rosy.