Wine market in India is roughly 1500 Crores or $200 Million Dollars. Out of this, 1200 crores is the domestic Indian Wine Manufacturing while the remaining 300 crores are wines being imported into Inida.
Our Discussion with the owner of Fratelli Wines: • Fratelli Wines - Story...
Chapters:
(0:00) - Introduction to the Wine Industry in India
(1:00) - Biggest players in the Wine Industry in India and why are they still dominant?
(2:50) - Why the Wine Sommelier's job is so important to a Wine Company
(3:50) - Where is Wine grown in India - why are Maharashtra and Karnataka so dominant? Government grants for wine making in Maharashtra.
(8:20) - How many acres of land do you need to start a Winery?
(9:00) - Global Wine Consumption compared to India
(12:00) - Why marketing is so difficult in the Indian Wine Market
(14:15) - Growth of the Global Wine Industry
Some facts about the Wine Industry in India
- 97% of the Wine Graoe production happens in maharashtra and karnataka
- Most Wine consumption happens in Maharashtra and Karnataka as well.
- Grover, Sula, Fratelli control 80% of the Indian manufactured Wine market with 52.6% in Sula.
- Ambi Wines, York, Big Banyan, KRSMA, Charosa are smallled upcoming wine companies
- India Exports around $7.6 Million worth of wine.
- Chinese wines, like Australian wines, are considered new world wines - a term used by sommeliers to describe wines which are not grown from traditional regions such as Italy or France.
- Observation - In Alcohol business, the second person to enter is generally at a benefit because the first one figures out the regulations. Could be extended broadly across regulated industries. Ex - Sula, Gateway Brewing company
- Growth of premium wines is higher 60% a year since pandemic
- China produces - 14.8 Million with Per Capita Consumption of wine at 1.56 L per person and a Market Size of $25 Billion. E-Commerce for Wine is about 50% of the market in China.
In comparison, India's Per Capita Consumption of Wine is only 25 mL
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Негізгі бет Ғылым және технология Deep Dive into the $200 Million Wine Industry in India [Detailed]
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