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Friday, February 10, 2023

Wine consumption trends in Indian Market

 In recent years, there has been a growing trend of wine consumption in India. With a rapidly growing middle class and increasing awareness of wine culture, the Indian wine market has seen significant growth. However, wine consumption in India still remains relatively low compared to other countries, as cultural and socioeconomic factors continue to limit its widespread adoption.


The wine market in India is dominated by imported wines, with domestic production accounting for only a small portion of the total market. Popular wine-consuming regions in India include Mumbai, Delhi, Bangalore, and Pune. The Indian wine industry is also driven by a growing number of wine-tasting events and wine clubs, which are helping to create a culture of wine appreciation.


Additionally, the Indian government has implemented various measures to promote the domestic wine industry, such as reducing import duties on wine and encouraging investment in the sector. This, along with increasing disposable income and changing lifestyles, is expected to drive further growth in the Indian wine market in the coming years.


Overall, the wine consumption trend in India is positive, but there is still much room for growth. The Indian wine market is expected to continue to grow as the country's economy continues to expand and more people are exposed to wine culture.


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