(Business 2.0 Magazine) -- The increasingly refined tastes of India's burgeoning middle class means the wine market there is set to grow tenfold.

Investment level: <$100K

Risk level: Low

India's rapidly expanding middle class isn't just interested in motor scooters, Levi's, and the coolest new cell phones. They'd also like to see a decent chardonnay on the dinner menu.

With wine consumption in India projected to grow 10-fold over the next decade, the nation has emerged as the world's fastest-growing market.

More important, it's become a prime destination to start importing U.S., Australian, and other labels to satisfy Indians' increasingly cosmopolitan tastes.

For one thing, the wine boom will largely bypass domestic brands; the country is too hot for serious viticulture.

For more details Please read money.cnn