Indian demand for alcoholic beverages is increasing significantly in the global market
Top export destinations for Indian alcoholic products in 2020-21 were UAE, Ghana, Singapore, Congo and Cameroon etc.
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Indian exporters that participated in the London Wine Fair were Resvera Wines, Sula Vineyards, Good Drop Wineries, Hill Zill Wines, KLC Wines, Soma Vineyard Village, Grover Zampa Vineyard, Plateaux Vintners, ASAV Vineyards and Fratelli Vineyards.
Since India is the third largest alcoholic beverage market in the world, there are 12 joint ventures with a licensed capacity of 33,919 kiloliters per year for the production of grain-based alcoholic beverages. About 56 units brew beer under license from the Indian government, the ministry said in a statement.
The ministry said Maharashtra has become an important state for wine making as there are more than 35 wineries in the state. “About 1,500 acres are used for growing grapes for wine production in Maharashtra. To promote wine making, the state government has declared the wine industry a small-scale industry and has also offered excise concessions,” he added.
APEDA has organized several workshops and wine tastings at various international fairs to raise awareness about the potential of Indian wines.
India’s wine industry experienced a compound annual growth of 14% from 2010 to 2017, making it the fastest growing alcoholic beverage industry in the country.