London Wine Fair 2022: 10 Indian wine exporters take part
As the demand for India’s alcoholic beverages products increased manifold in the global market, India exported alcoholic products worth of USD 322.12 million in 2020-21.
Updated 11 Jun 2022, 3:38 am
In a bid to boost export of Indian wine, the Agricultural and Processed Food Products Export Development Authority (APEDA) under the aegis of the Commerce and Industry Ministry facilitated participation of 10 exporters in London Wine Fair 2022.
Indian wine exporters who participated in the London Wine Fair on June 7-9 included Resvera wines, Sula vineyards, Good drop wine cellars, Hill Zill wines, KLC wines, Soma vine village, Grover Zampa vineyard, Plateaux Vintners, ASAV vineyards and Fratelli vineyards, the ministry stated in a release.
Given that India is the third-largest market for alcoholic beverages in the world, there are 12 joint venture companies having a licensed capacity of 33,919 kilo-litres per annum for the production of grain-based alcoholic beverages, the ministry informed. It stated that 56 units are manufacturing beer under license from the government of India.
According to the ministry, India has exported 2.47 lakh metric tonne of alcoholic products to the world, worth USD 322.12 million during 2020-21. The demand of India’s alcoholic beverages products like beer made from malt, wine, white wine, brandy, whiskies, rum, gin, etc. has increased manifold in the global market.
United Arab Emirates, Ghana, Singapore, Congo, and Cameroon were the major export destinations of Indian alcoholic products in 2020-21.
Indian Wine production in Maharashtra
Maharashtra has become an important state for wine manufacturing as there are more than 35 wineries in the state. Around 1,500 acres are used for grapes cultivation for wine production in Maharashtra. To promote wine manufacturing, the state government has declared the wine-making business a small-scale industry and has also offered excise concessions.
Indian Wine industry has grown at compound annual growth rate of 14 per cent in 2010 to 2017 making it the fastest growing industry under alcoholic beverage in the country. Following it, APEDA has conducted several workshops and wine tasting events at various international trade fairs for creating awareness about the potential of Indian wines, the ministry stated.