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German wine-maker, Langguth Wine and Spirits, is looking for an Indian partner to set-up a joint venture in the country. One of the leading wine-makers of Europe, Langguth has its joint ventures across the globe and now it wants to make India, its next stop-over, “we are looking in that direction like...
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Australian Trade Commission (Austrade) in association with Singapore Airlines and Tourism Australia will organise a three-city Australian Seafood and Wine Festival in India. The first one has got underway in The Oberoi, New Delhi and will last till the 15th of November. The promotion will be on offer...
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Quarterly Analysis Champagne Indage: Good results. India’s largest and oldest wine Company announced 40% increase in sales and 35% rise in net profit. Crisis and alcohol are inseparable. I am a strict teetotaller but as an investor, I prefer these companies. Company is expecting 75% top line growth in...
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Italian wine-maker Roberto Bava is in India through Finewinesmore, to judge the India Wine Challenge in Delhi next week, and to promote his wine. Pioneers in the Barbera variety of local grape, the Bavas are known for such revolutionary wines like the Rosetta, the Stradivario and the Barolo — a sought...
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Champagne Indage Ltd. plans to acquire more overseas wineries this fiscal year, seeking bulk wine exports to the UK and the US, even as it raises fresh capital from a possible sale of foreign currency convertible bonds, or FCCBs, and other financial instruments. Indage had earlier agreed to buy Loxton...
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The volume of the imported wine market in India stands at 1,80,000 cases annually in which Australia has a 25 per cent share, shares Australian Trade Commissioner Michael Carter. "We are looking at ways to increase this share notwithstanding some of the challenges like high import duties,"...
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The World Trade Organisation’s appellate body has ruled in favour of an appeal made by the US against the high customs dutes imposed by India on wines and spirits. The ruling will, however, not impact the duties and prices of imported liquor in India. These were already lowered as per commitments made...
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The imported wine segment, which is currently dominated by wine importers and distributors like Brindco and Sonarys, has now caught the fancy of local industry players like Champagne Indage, Sula and United Breweries (UB) who are keen on expanding their portfolios to cater to the Indian consumers across...
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The European Union is set for talks with India over a potential conflict at the World Trade Organisation (WTO) over differential treatment for imported wines and lack of market access for spirits in some states. This concerns Maharashtra’s differential tax regime for imported wines and Tamil Nadu’s reticence...
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UB has launched Burgandy's Bouchard Aine and Fils selection of wines in India. 'We are proud to be associated with Bouchard Aine & Fils and offer Indian wine lovers an exquisite range of Burgundy wines. These wines are a crucial supplement to our already healthy portfolio of wines from New...
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