Research and Markets: Indian Wine Industry Forecast to 2012

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/34a479/indian_wine_indust) has
announced the addition of the "Indian Wine Industry Forecast to 2012" report to
their offering.

India has emerged as one of the fastest growing markets for wine on the global
map. Despite the country's vast population of over 1.1 Billion, the consumption
of wine remains extremely low. The per capita consumption of wine in the country
was estimated at around 9 Milliliters in 2008, indicating huge potential for
growth in the coming years.

Various factors such as favourable government policies, increasing disposable
income, amplified wine marketing and influence of western culture are helping to
drive India's wine consumption. According to our latest research report, "Indian
Wine Industry Forecast to 2012", wine consumption in India is expected to grow
by 25-30% annually between 2009 and 2012.

We have found that various policies by the state level governments are
encouraging domestic wine producers to set up their own wineries in the country,
giving a boost to the domestic industry. Efforts by the Maharashtra and
Karnataka governments remain far-fetched in this regard. However, such measures
have raised concerns to WTO which states that India is adopting protectionist
policies for its domestic wine industry meanwhile curbing growth of imports.

While local players are including affordable imported wines in their portfolios
to attract new consumers, foreign firms are trying hard to expand in the market
owing to high rate of tax levied. Our research indicates that the premium wine
segment in the country is dominated by imported wines. This is because domestic
wines are still unable to demand a high price, largely because of low brand
awareness and lack of quality taste. Meanwhile, total consumption is dominated
by domestically-produced cheap wine.

"Indian Wine Industry Forecast to 2012" provides extensive research and rational
analysis on the wine market in India. Our research gives deep insight into
India's wine consumption in terms of domestically-produced and imported wines,
price structure, sales by location, type of wine consumed and a possible
regional segmentation. Our research also highlights the market trends and
developments that are expected to play key role in the growth of Indian wine
market over the forecast period. Besides this, the report provides thorough
analysis on the wine production, wine exports and wine imports of the country.

Key Topics Covered:

* 1. Analyst View
* 2. Indian Wine Market - An Overview
* 3. Market Attractions
* 4. Market Performance and Future Outlook
* 5. Government Policies and Regulations
* 6. Roadblocks
* List of Tables
* List of Charts

For more information visit
http://www.researchandmarkets.com/research/34a479/indian_wine_indust

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

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