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New players are set to enliven India’s nascent wine market. The UK-based Karan Billimoria’s Cobra, famous for its beer, plans to make a foray into the 1.2-million-case-a-year Indian wine market. The market for wines is just 1 per cent of the domestic spirits market. United Spirits, part of the UB Group, which has acquired France’s Bouvet Ladubay, also plans to sell wine under the label of Four Seasons. Both the firms seem to be drawn by the 30-35 per cent growth rate in India. According to unconfirmed reports, the world’s biggest spirits company, Diageo, which has a tieup with Radico Khaitan to market its whisky, rum and brandy brands, also plans to enter the segment. Click here to know more>> | Daily Extras! Eclat Me | Success Tip of the Day| 1DailyDiversion| Eclat Web - Must Visit Websites! A Beautiful Pic Every Day! Word of the Day| Quotation of the Day| Make Money! Immigration News! Desire- WOW Stuff! Stock Mkt Updates |
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