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January 2009 - Posts
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Indage Vineyards, a modern and truly International new collection by Indage Vintners Ltd.(formerly called Champagne Indage) boasts of its finest varietal Reserve Merlot which was awarded a Silver medal at the MONDIAL DU MERLOT awards held in Switzerland. A jury of 20 enologists, sommeliers, and wine writers gathered at the Hotel Villa Principe Leopoldo in Lugano and judged 278 Merlots from 24 countries.
 According to Ranjit S. Chougule, managing director, Indage Vintners Ltd, “It is an honour to be awarded this title of recognition for the quality of our wines. Indage Vineyard Reserve Merlot varietal is amongst our small batch estate vineyards which is allocated to this collection and this prestigious award symbolizes our consistency in producing small quantities of handmade wines.
The Mondial du Merlot competition was organized under the patronage of the professional associations of Swiss enologists and sommeliers, as well as that of Paris-based International Organisation for Vine and Wine (OIV) according to whose norms the event was conducted. The first-ever Mondial du Merlot, a global wine competition organized in southern Switzerland, acknowledges only Merlot varietal as Merlot is one of the most widely grown grapes in the world and is appreciated amongst all wine enthusiasts.
Indage Vineyard Reserve was crafted as a tribute to the discerning wine consumers, celebrating 25 years of appreciating and delivering quality wines. Indage Reserve is a limited edition brand rolled out from Indage Vineyards, which is very round and opulent with intense aromas of cherry fruit backed by a warm alcohol structure. The tannins are soft that become more expressive with hints of black currant and pepper at the finish. Ideal with most light meat dishes, this wine definitely deserves a toast to its quality as being awarded Best Merlot in India.
About Indage Vineyards
Indage Vineyards, established by Indage Vintners Ltd (IVL) in 2002, features a portfolio of new world wines created as a celebration of its 25 year journey of excellence in oenology and viticulture in the tropics. Indage Vineyards wines truly symbolise the Company’s recognition as a quality wine producer through the vast array of global recognition that the Company has won with more than 40 wine quality awards won in just the first 4 vintages. The selections under Indage Vineyards are 100% estate grown and produced and bottled to deliver truly exceptional and unique fruit and flavor profiles. Indage Vineyards wines present a range of brands that reflects a new and emerging India that is fashionable and avante garde yet rich in culture and deeply reminiscent of its illustrious heritage. They are most often found in the finest restaurants in India and the World as they represent a great point of difference to any discerning wine enthusiast.
About Indage Vintners Limited:
Indage Vintners Limited (IVL), established in 1982, is India’ oldest & largest multinational wine company with over 100 international awards and medals. Within India, it produces more than 1.5 million (9 liter) cases of wine from 4 state of the art wineries and has complete backward integration from nurseries, biotech to its own estate vineyards of more than 2,000 acres. The Company controls more than 70% market share of wines produced in India utilizing a product portfolio of more than 40 brands in every price point and product type in the Indian wine industry which has given the company recognition of more than 70 International awards of quality from IWSC, Decanter and IWC. Globally, IVL owns a 3.5 million case winery called Thachi Wines in South Australia that produces a large range of Australian and New Zealand wine brands such as Red Sky, Broken Earth and South Bay. IVL’s Australia operations are based out of Vinecrest, a boutique estate winery in the famous Barossa region of South Australia. IVL also owns and operates, under Indage UK Ltd, a fully integrated wine supply chain management business which is an importer, bottling plant with a capacity of 3.5 million cases and a distributor to more than 4000 outlets in the UK. Globally, IVL employs more than 750 people and operates in more than 58 countries with a consolidated turnover of $100 million
In India, IVL is listed on the Bombay Stock Exchange and is part of the Indage Group that has interest in Restaurants & Leisure, Construction & Retail.
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 Sula Vineyards now presents India's latest product - Samara; Red & White wines produced at Sula's state of the art winery at Nashik. Samara is made from a blend of classic as well as local Indian grape varieties; Samara is a great drinkable wine as it is young and fruity.
Samara is Sula's gift to the consumer in today's market. Table wines are catching up in India at a fast pace and Samara is the perfect blend of great taste and amazing price. It doesn't wallet too hard and is a superior wine.
The red & white wine has 14.5% alcohol and the bottles are compact and beautifully packaged. Ideal with hearty Indian cuisine; Samara is light on your palate and should ideally be served slightly chilled.
Available in 750 ml bottles, Samara is very attractively priced at an MRP of Rs.150/- only per bottle, making them affordable for everyday enjoyment.
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700 farmers have applied for stakes in the Baramati winery for Four Seasons
Wines Limited, a part of the UB Group headed by Vijay Mallya.
UB Group sources confirmed the registrations and said
they were in the process of shortlisting and approving them with the
company interested in issuing shares to the farmers by April. United
Spirits Limited, the spirits division of the UB Group, will hold 51 per
cent in the winery and the remaining shares will be issued to investors
and farmers, said company officials. This is the first time in the
Indian wine industry that a large business house is offering equity
participation to its local partners. More: Express India
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Vintage Wines Pvt Ltd has tied up with an Italian group ‘Enofly’ for technical collaboration, and will be introducing three Italian varietals: Sangiovese, Nero d'Avola and Grillo by the year 2010. Sangiovese is a reserve category red wine, Nero d'Avola is a red wine and Grillo is a white wine. Yatin Patil, Director, Vintage Wines Pvt Ltd says, “There are around 1000 varietals of wine across the globe, of which only five or six varietals are being produced in India. The three Italian varietals which we have planned to introduce in the Indian market are popular across the world. Moreover, they suit the Indian palate and also the Indian climatic conditions (for plantation).” More: Hospitality Biz
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Champagne Indage Ltd, India’s oldest & largest wine company, is now renamed as Indage Vintners Ltd. Indage Vintners Ltd (IVL)with its new name, plans to bring about many new developments and initiatives as part of the continuous process of establishing and evolving Indage as a leading global wine producer that has its roots firmly in India. The name change also brings into effect the discontinuation of the term ‘Champagne’ in order to respect IPR rights as part of the business's amalgamation into the global trading community.
According to Ranjit.S.Chougule, Managing director of Indage Vintners Ltd., “The new logo for Indage Vintners is synonymous with insignia of quality indicating our exclusivity, uniqueness and customization. Our idea illustrates our need for progress and dynamism while retaining our classic heritage as being the pioneering company in wine making in India”.
Indage Vintners Ltd over the years has introduced several brands under its wine portfolio. The Company’s main domestic brand portfolios are Chateau Indage and Indage Vineyards. Chateau Indage has been at the forefront of the revival of India’s glorious wine heritage. Indage Vineyards features a portfolio of new world wines created as a celebration of its 25 year journey of excellence in oenology and viticulture in the tropics. Globally, IVL is expanding in UK and Australia and focusing on introducing further international brand portfolios.
About Indage Vintners Limited:
Indage Vintners Limited (IVL), established in 1982, is India’ oldest & largest wine company. Within India, it produces more than 1.5 million (9 liter) cases of wine from 4 state of the art wineries and has complete backward integration from nurseries, biotech to its own estate vineyards of more than 2,000 acres. The Company controls more than 70% market share of wines produced in India utilizing a product portfolio of more than 40 brands in every price point and product type in the Indian wine industry which has given the company recognition of more than 70 International awards of quality from IWSC, Decanter and IWC. Globally, IVL owns a 3.5 million case winery called Thachi Wines in South Australia that produces a large range of Australian and New Zealand wine brands such as Red Sky, Broken Earth and South Bay. IVL’s Australia operations are based out of Vinecrest, a boutique estate winery in the famous Barossa region of South Australia. IVL also owns and operates, under Indage UK Ltd, a fully integrated wine supply chain management business which is an importer, bottling plant with a capacity of 3.5 million cases and a distributor to more than 4000 outlets in the UK. Globally, IVL employs more than 750 people and operates in more than 58 countries with a consolidated turnover of $100 million In India, IVL is listed on the Bombay Stock Exchange and is part of the Indage Group that has interest in Restaurants & Leisure, Construction & Retail.
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"Wine is an alien drink," says Kapil Grover, director of Grover Vineyards. "It's not going to the Indian village. It's going to stay in the top 2 percent of the population." Still, that accounts for more than 20 million people — roughly the population of Australia. "I think the next two or three generations of my family will be kept very busy," Grover said. Farmers in Maharashtra are lining up to convert their crops into wine grapes, and fields of merlot and cabernet sauvignon are sprouting across the hills of Nashik, a region with a comfortable climate and friendly regulatory laws. Farmers say their profits have doubled since they started selling to wineries. The wine business is still relatively small, especially considering India's population of 1.1 billion. In 2006, Indian winemakers sold roughly 940,000 cases of wine domestically and 60,000 cases overseas, up from 530,000 domestic cases and 30,000 overseas in 2003, according to industry figures. By comparison, American vintners shipped 217 million cases to domestic markets in 2007 and another 50 million cases overseas. Indian winemakers face a significant challenge gaining a foothold in this country where alcohol is still largely frowned upon for religious and cultural reasons, and many of those who do drink — nearly all men — are just fine with their whiskey-and-sodas. But winemakers of all sizes, from international spirits giants to mom-and-pop home brewers, see huge potential in India's booming market. With sales accelerating, major global players have recently jumped into the grape-stomping barrel, including Seagram India Ltd., a subsidiary of spirits giant Pernod Richard Group; UB Group, brewer of Kingfisher beer and the world's second-largest alcohol manufacturer; and Diageo India Ltd., owned by the company behind Guinness stout, Johnnie Walker whiskey and Smirnoff vodka. All three recently launched Indian-made wines, and while it's too soon to tell how they'll shake up the market, the investments indicate a new phase of competition. More: BLNZ
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According to sources in the Union ministry of food processing industries, the National Wine Board will be set up in Shivajinagar, Pune with an initial investment of Rs 5.93 crore. The board, expected to start functioning in three-four months, will also work towards increasing the awareness of farmers and capacity building of processors for more productivity, reduced wastage and improved quality of grapes conforming with global standards.
"The board will have representatives of farmers, wine analysts and wine producers, who are also expected to provide part funding to the board," said an official involved in the plan.
"It will focus on experimentation and wine analysis, testing for quality defining and label standards, certification of wine and promoting good manufacturing practices', hazard analysis and critical control points'/ISO 22000, 2005 certifications," he said.
Though the wine sector is concentrated in Maharashtra and Karnataka, the board is expected to co-ordinate with grape research and development institutes across the country.
"The task of identifying and developing appropriate root stock and varieties of grapes suited for different geo-climatic regions will be undertaken immediately after setting up the board.
More: The Times of India
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Champagne Indage Ltd, India’s oldest & largest wine company, is now renamed as Indage Vintners Ltd. The name change also brings into effect the discontinuation of the term ‘Champagne’ in order to respect IPR rights as part of the business's amalgamation into the global trading community.
According to Ranjit.S.Chougule, Managing director of Indage Vintners Ltd., “The new logo for Indage Vintners is synonymous with insignia of quality indicating our exclusivity, uniqueness and customization. Our idea illustrates our need for progress and dynamism while retaining our classic heritage as being the pioneering company in wine making in India”.
More: Commodity Online
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In an attempt to boost flagging sales
and woo the jaded Mumbaikar, post 26/11, Indian wine manufactures such as Chateau Indage (Riviera and Chantilli), Seagram (Nine Hills) and Nilaya (Diageo) are throwing in a free bottle of wine, for every bottle purchased. With sales dipping by around 50% post-Diwali last year, manufacturers may have a reason to be worried.
The reticence, when it comes to spending, on the part of the corporate sector has also been a big blow to wine manufacturers and retailers. "Earlier, we would get a lot of direct sales from corporates for their weekend parties and get-togethers. But ever since there has been slowdown in the economy, these parties have become virtually non-existent, and the calls have come down drastically,'' says Randip Singh Munjral of Shah Wines and Co.
The direct result of this, say wholesale and retail shop owners, is that executives from wine manufacturing companies have begun flooding the market with offers and discounts. And the marketing blitzkrieg has proven effective, with sales of bottles rising over the last two weeks.
Not all manufacturers, however, are willing to admit that there's a slump in the market. Even while Chateau Indage is promoting its `buy-one-get-one-free' offer, the company says they have yet to notice a dip in sales. "We have brands ranging from Rs 35-Rs 400, and there is a possibility that the wine drinker may move down the ladder in times of recession,'' says Vikrant Chougule, strategy head, Chateau Indage.
More: The Times of India
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Wine production in India has touched an all-time high with wineries bottling about 2.25 crore litres of the alcohol by the end of 2008.
But this whopping production has created a glut in the market, with sales dipping to an all-time low, and manufacturers and grape farmers are on the brink of an impending economic calamity.
"In the last few months, sales have dipped to by about 50 per cent. The stock market crash, economic slowdown, and even the 26/11 attacks are some of the causes,'' said Jaideep Kale, technical coordinator, grape wine park, MIDC, Pune. He added that the situation may get worse for grape farmers this year if the existing stocks are not sold on time.
Industry experts and manufacturers are bracing themselves for a 25-30% reduction in wine production, as the sales have dropped drastically.
The import-export ratio scale is also titled unfavourably: while only five percent of the wine manufactured in India gets exported, the imports account for 30% of the wine stock, from countries like the UK and France.
More: The Times of India
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