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October 2008 - Posts
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 Oct 20, 2008 – Mumbai, –Globus Wines, launches Miazma ‘’’Fine Wine of India’’ the most expensive Indian wine till date.
Globus Wines, A pioneer in Wine Retailing and producer of premium boutique wines in India, is pleased to announce the release of its Super-Premium brand Miazma ‘’Fine Wine of India’’. According to the company press release, Miazma ‘’Fine Wine of India’’ ™ is by far the most authentic premium wine produced in India today. The company has launched the wine in 3 varietals, Miazma Chenin Blanc, Miazma Shiraz and Miazma Pink Rose.
Speaking on the occasion, CMD, Karan Jain commented ‘’ Owing to the purposely limited production in order to ensure high quality wines, we have been compelled to put our customers under strict allocation for each variant. We have reserved only 3000 bottles including all 3 variants for the Indian Market. The remaining wines are being shipped to Europe as we have already pre-sold our first vintage’’.
Out of the total quota for India, 500 bottles are available at Globus Wine retail stores and the remaining on request-to-ship-basis only. To reach out to its customers, the company is planning to sell first 1.000 bottles in hand-crafted wooden cases, laser engraved with company Logo which will ideally be used for gifting or personal collection around the festive corner. “We’re eager to offer our customers the option to send their friends, family and clients these high-end accented wines with a prestigious touch. It’s exciting seeing these wines coming out of India and we are happy to be part of this’’. Commented Karan Jain
Miazma ‘’’Fine Wine of India’’ is the most expensive wine in India till date at Rs. 1,200/bottle. The Vintage can be requested by visiting http://www.globuswines.co.in/
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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 various price points.
Champagne Indage plans to introduce its Australian range of wines from its acquired companies Thachi Wines Company and VineCrest under the newly formed brand.
United Vintners Ltd (UB) besides introducing wines from Bouvet Ladubay, a premium French winery is now looking at expanding its portfolio to represent wines from different countries and regions here. Over the last six months, the company has introduced the Gossips label from Australia and is currently introducing the 10 Chapters range of wines from South Africa. In the pipeline are wines from Burgandy, France known as Bouchard Laine Fils, from Portugal the Pink Elephant series and wines from New zealand. "We will bring in over 35 labels from countries like France, South Africa, Portugal and New Zealand in the coming months,” says Sanjay Roy, head (marketing), UB.
The market has global contenders like Moet-Henessey, known more for its champagne and cognac, which also has high-end wines available and Diageo, which is one of the world’s largest producers of beers, spirits and wines with a strong presence here.
More: Business Standard
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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 to open up the local market for international spirits and wines. But Maharashtra’s political lobby, which has sought protection for its fledgling wine industry and the vast pool of grape farmers, is unlikely to budge.
In Maharashtra, locally-bottled wines attract zero excise duty, while wines brought into the state from overseas or other states are taxed at about 200% on manufacturing cost, leading to a substantial difference in the price that consumers pay. Maharashtra is the country’s largest market for imported lifestyle alcoholic beverages, both on-premise and at retail. In a move aimed mainly at Maharashtra, Karnataka last decided to impose a Rs 300 per bulk litre import fee on wines from other states.
The EU team is scheduled to arrive in the second week of November for discussions with commerce ministry officials.
More: The Economic Times
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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 Zealand, Australia, Loire Valley, South Af rica, Portugal and of course India,' informed UVL Business Head and Chief Wine-Maker, Mr Abhay Kewadkar.
These wines would be made available through United Vintners Limited in all the metros. The price range is Rs 750-5000. More: The Hindu Business Line
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'Wine and Indians are a perfect match,' avers Steven Spurrier,
British Wine Authority & Chairman, Board of Wine Advisors, The Wine Society of India. On his path to becoming a authority on wine, Steven has been the Founder of l’Acadumie du Vin and the Christie’s Wine Course. He created the famous 1976 Paris wine tasting. The Wine Society of India (WSI) began operations in the last quarter of 2006.
Present in Delhi for an evening of wine tasting session organised by the WSI, that has managed to add 1,000 members, Spurrier was delighted to see the serious response from the visitors.
'I was asked some time back in India that why doesn’t wine sell here? And my answer was simple. Start setting wine glasses on the tables of hotels and restaurants and you will see a rise in the demand for wine,' says Spurrier. Only 1% of the country drinks wine, but with a population of 1.15 billion people, that leaves a target market of 11.5 million.
'One of the advantages India has that it produces its own wine and the quality is improving by the day. The other important and favourable factor for India is that unlike other wine producing countries where wineries compete against each other, Indian wineries compete with the world and not against each other,' he says, adding, 'the range of wines available in India, despite exuberantly high taxes, is quite large.'
More: The Financial Express
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You have been
developing a taste for good wine and love to travel, how about visiting
a vineyard in Nashik, Pune or Bangalore next month? The Indian wine
industry has grown from oddity to a force to be reckoned with, thanks
to about eight major wineries located across the country. Harvest Time
While the harvest season is from January to March, the season for wine
holidays begins in October and continues till March in the vineyards
located in the west; in Bangalore, the season is from January to May. Vineyard Tour
A typical tour
would include a stroll through the vineyard and the winery’s production
facilities, witnessing the grape crushing at the vats and wine tasting
at the tasting room. Sula Vineyards:
Located on the outskirts of Nashik.One of the pioneers
of wine tours in the country, they offer a wonderful wine
experience, with ‘Beyond,’ a beautiful bungalow situated in the vineyards. Chateau Indage Vineyards:
With vineyards in Narayangaon, Pune District, Chateau Indage Ltd is the
oldest wine company in India. The vineyards have over 20 varieties of
grapes under cultivation. Be sure to check out the nearby Rural Ivy
Wine Bar, one of the first bar *** restaurants to be set up by a wine
company in the country. Grover Vineyards: Located a comfortable distance from Bangalore, Grover Vineyards is perfect for a day trip. More: Express Buzz
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Nashik-based Sommelier group has planned five wine bars in Pune, Nashik, Bangalore and Jaipur over next two years. The newly formed group plans to invest around Rs 6 crore to set up these multi-brand wine bars.
Promoted as 'The Sommelier', the wine bars would serve only wine along with food that suits wine consumption. Interestingly, the wine pricing would be low as these wine bars buy wine from manufacturers directly and sell to customers. "Wine consumption is increasing fast across prominent cities and hence, wine bars are the need of the hour. In a bid to tap this potential, we have come up with an idea of wine bars," said Jagdish Patil, one of the promoters of The Sommelier. More: Business Standard
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The new wine policy in Karnataka has made it easy and inexpensive to start wine 'taverns', host wine festivals, start wine manufacturing units in Karnataka. To start these wine taverns you need to shell out only Rs 1,000 as a one-time permit fee. Wine consumption has been rising in India and given its low alcohol content, seems to be finding favour with the officialdom as an alternative to hard liquor.
"The board will communicate on making available the applications to all the district commissioner offices in the state. We will also put applications on the website shortly, which can be downloaded," says Karnataka Wine Board MD, B Krishna. Individual gains...
The new policy bifurcates wine into two categories -- fruit-based (natural) wine and fortified (having some amount of alcohol) and allows individuals to stock 9 litres of wine against the earlier 4.5 litres.
Karnataka is more than ready...
- Karnataka has 9,700 hectares of land under grape cultivation including table grapes and French grapes with an estimated yield of about 1.67 lakh tons.
- Total wine sales in Karnataka, including fortified wine, stood at 13.1 lakh litres in 2006-07.
- Two wineries -- in Bangalore rural and Bijapur -- function in Karnataka. Krishna says that seven more companies have shown interest in starting wine manufacturing units in the near term.
- Wine cultivation will be encouraged in the Nandi valley, comprising of Bangalore urban, Bangalore rural and Kolar districts and Krishna valley which includes -- Bijapur, Bagalkot and Belgaum districts.
- According to estimates, presently, less than one percent of grapes produced in the country are used for manufacturing wine.
More: The Times of India
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A group of Indian wine growers arrived in Bordeaux last week to meet suppliers and study French production techniques.
The two-day visit by the 28-strong group was the first practical result of a Franco-Indian business co-operation agreement signed in February this year by both governments. And why not, when, 'sixty per cent of wine making equipment in India comes from France,' said Amit Kerval, a leading Indian importer of French supplies.
Kerval co-ordinated the trip, along with the newly created, Paris based Franco-Indian Network for Sustainable Business-Development (FINSB).
The main objectives for the delegation, which included representatives from Vinsura and Sula, was to better understand the French wine industry, said Kerval.
More: Decanter
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Is it too much to look forward to a 1,000 wineries in India? That really depends upon how many other states liberalise their archaic licensing laws regarding the production and distribution of low-alcohol products like wine or beer.
The numbers of wineries in India have grown from 30 in end-2004 to well over 60, mainly as a result of the new wine policy set out by Maharashtra in 2001. There are also over 100 wine importers, while the total number of labels is probably nearing 2,000.
Another spurt in winery construction will come with the notification of the new wine policy in Karnataka later this month, and the next few years should see some 40 new wineries coming up in that state.
Both Tamil Nadu and Andhra already grow table grapes and the tableland around Periyar in Kerala looks most interesting. All one needs to start a vineyard is land, water and a bit of power, and a small operation need not really invest much in plant and machinery. So, may a thousand vineyards bloom!
More: Buisness Standard
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