India’s tourism industry to reach US$1 trillion by 2047

Visa Inc. (NYSE: V), the global leader in digital payments, and EY, the leading professional services organization, have launched a comprehensive report titled ‘Charting the Course for India – Tourism Megatrends Unpacked’.

The report reveals that India’s tourism industry is on track to reach US$1 trillion by 2047, with data-led tourism set to be a key driver of growth. It takes a long-term view of India’s tourism industry, beyond the pandemic’s impact, and identifies the megatrends expected to shape the sector over the next decade.

The report was unveiled in the presence of Amitabh Kant, G20 Sherpa, and former CEO, NITI Aayog, and Alfred F Kelly Jr, Executive Chairman, Visa, at the ASSOCHAM India Tourism Conference in New Delhi. 

The report identifies Sustainability, Enabling Technologies, and Evolving Tourist Preferences as the main disruptive forces driving tourism. Sustainable tourism experiences and offerings are in high demand worldwide, and this trend is likely to continue in the future.

At present, the global sustainable tourism market is valued at US$180 billion. In India, this is valued between US$26 million- US$2.5 billion and is expected to grow at 15% CAGR. Another key trend identified is evolving tourist preferences, driven by the presence of Gen Z, which constitutes 24% of the global population and 27% of this is in India.

The report offers detailed insights into the segments that will play a critical role in driving tourism industry growth and the Indian economy at large.·       

Spiritual tourism will play a key role since 60% of domestic tourism in India is spiritual in nature, and 30.5 million international travellers are expected to visit India by 2028 for this purpose.·      

Medical and wellness tourism will witness growth with a potential for 24 million jobs to be created by 2032. In 2021, 21% of international travellers sought medical treatment in India .·       

Adventure and sports tourism has the potential to create 6 million jobs by 2032. Globally, an average adventure tourist spends US$2,900 per trip.·       

Business travellers and MICE – India’s share in the global MICE market will more than double from 2019 to 2025. In 2021, 12.1% of foreign tourists visited India for business purposes.·       

Travel mobility – Airports in India will increase to 220 by 2025 with US$1.5 trillion worth of investments through the National Infrastructure Pipeline Scheme (2020-25).

Source: https://www.hotelierindia.com/operations/indias-tourism-industry-to-reach-us1-trillion-by-2047

What care should we take while opening a highly aged bottle of wine?

 When opening a highly aged bottle of wine, it's important to handle it with care to ensure the best possible experience. Here are some guidelines to follow:

Store the bottle properly: Aged wines are typically stored on their sides to keep the cork moist and prevent it from drying out. Ensure that the bottle has been stored in a cool, dark place with a consistent temperature.

Handle the bottle gently: Older wine bottles may be more fragile, so handle them with care to avoid any accidental breakage. Avoid shaking or jostling the bottle, as it can disturb the sediment that may have settled over time.

Allow the bottle to rest: Before opening an aged bottle, it's advisable to let it rest upright for a day or two. This allows any sediment to settle at the bottom, making it easier to decant the wine later.

Use the right tools: When it comes to opening an aged bottle, use appropriate tools

Choose the right opener: For aged wines, it's best to use a corkscrew specifically designed for delicate or fragile corks. A double-hinged corkscrew or a Durand corkscrew (a combination of a traditional worm and an Ah-So opener) can be helpful in gently extracting the cork without it crumbling.

Check the condition of the cork: Carefully inspect the cork for signs of damage or crumbling before attempting to open the bottle. If the cork appears to be deteriorating or shows signs of leakage, consider using a two-pronged cork puller or a Durand corkscrew to extract the cork more securely.

Open the bottle slowly: Take your time when removing the cork from an aged bottle. Apply gentle, steady pressure when inserting the corkscrew into the cork, ensuring it goes straight down. Slowly twist and pull the cork out without rushing or using excessive force.

Have a decanter ready: Aged wines often have sediment that has developed over time. To separate the wine from the sediment and enhance its flavors, have a decanter or a clean glass vessel ready for decanting. Pour the wine slowly and steadily, leaving the sediment behind in the bottle.

Allow the wine to breathe

Alcohol based Desserts

 Desserts have always been a delightful way to conclude a meal or treat yourself to something sweet. But what happens when you combine the irresistible allure of desserts with the sophisticated flavors of alcohol? You get a tantalizing fusion that takes your taste buds on an exquisite journey. Welcome to the world of alcohol-based desserts, where classic confections meet the captivating spirits.

Alcohol-infused desserts have gained popularity in recent years, enticing food enthusiasts with their unique and inventive flavors. From rich and creamy to light and fruity, these desserts incorporate various types of alcohol, adding depth, complexity, and a touch of sophistication. Whether you're a fan of cocktails or have a penchant for desserts, these delightful creations are sure to satisfy your cravings.

One of the most iconic alcohol-based desserts is the ever-popular Tiramisu. This Italian delicacy combines ladyfingers soaked in espresso and coffee liqueur, layered with a luscious mixture of mascarpone cheese, eggs, and sugar. The addition of the coffee liqueur, often Marsala or Kahlua, lends a distinct flavor and enhances the overall experience of this classic dessert.

For chocolate lovers, a boozy twist on traditional favorites can take your taste buds to new heights. Imagine a rich, velvety chocolate mousse infused with a hint of your favorite liqueur—be it Irish cream, Grand Marnier, or even bourbon. The harmonious blend of chocolate and alcohol creates a dessert that is both decadent and divine, leaving you craving for more.

Fruit-based desserts also lend themselves beautifully to the addition of alcohol. Picture a refreshing sorbet infused with the vibrant flavors of fresh berries and a splash of sparkling wine. The effervescence of the wine adds a delightful twist, making this dessert a perfect choice for a summer soirée or a romantic dinner.

If you're feeling adventurous, you can venture into the realm of infused cakes and pastries. A rum-infused cake, like the classic Caribbean rum cake, offers a moist and flavorful treat that combines the warmth of spices with the distinctive taste of rum. Alternatively, you can try an alcohol-infused pie, such as bourbon pecan pie or a spiked apple pie, for a comforting and indulgent dessert that will leave your taste buds buzzing with joy.

The beauty of alcohol-based desserts lies in their versatility. You can adapt recipes to suit your preferences, experimenting with different spirits, liqueurs, and even fortified wines. From rum to vodka, from champagne to bourbon, the options are endless, allowing you to create desserts that align perfectly with your desired flavors and intensity.

However, it's important to remember that alcohol-based desserts should be enjoyed responsibly. While the alcohol content in desserts is typically reduced during the cooking or baking process, it's still present and can have an effect, especially when consumed in large quantities. If you're serving these desserts to guests, make sure to communicate the presence of alcohol and consider their preferences and dietary restrictions.

Whether you're a dessert aficionado or an adventurous foodie, alcohol-based desserts offer a unique and exciting way to elevate your culinary experience. These delightful creations provide a perfect balance between sweetness and a hint of spirit, making them a luxurious treat for special occasions or a memorable way to end a meal. So, the next time you're in the mood for something indulgent, raise a forkful of alcohol-infused delight and let your taste buds revel in the extraordinary fusion of flavors.

What happens to the wine during the ageing process?

 During the aging process, wine undergoes several complex chemical and physical changes that contribute to its development and maturation. Here are some of the key transformations that occur:

Oxidation: Oxygen slowly enters the wine through the cork or other closures, leading to gradual oxidation. Controlled oxidation is desirable as it can soften harsh tannins and develop complex flavors and aromas. However, excessive oxidation can be detrimental to the wine.

Polymerization: Tannins present in red wines undergo polymerization over time. This process helps soften the astringency of the tannins and contributes to a smoother mouthfeel.

Flavor Development: The various compounds in wine interact and transform, resulting in the development of new flavors and aromas. Primary fruit flavors may mellow, and secondary and tertiary flavors, such as earthy, nutty, or spicy notes, can emerge.

Structural Changes: As the wine ages, its structure evolves. Tannins, acids, and sugars interact and modify the wine's balance and texture. Tannins can become more integrated, reducing the wine's astringency. Acidity may decrease slightly, and sugars may convert into alcohol or undergo other reactions.

Sediment Formation: During the aging process, some wines develop sediment composed of tannins, pigments, and other compounds that precipitate out of the wine. This sediment is often harmless but should be avoided when pouring.

Aging Vessel Influence: The container in which wine is aged can also impact its development. Wines aged in oak barrels can acquire flavors from the wood, such as vanilla, spice, or toastiness. Stainless steel or concrete vessels may preserve more primary fruit characteristics.

It's important to note that not all wines benefit from long-term aging. While some red wines, such as Bordeaux, Barolo, or aged Rioja, can improve with time, most white wines and many red wines are meant to be enjoyed in their youth. Aging potential varies depending on the wine's structure, acidity, tannin levels, and grape variety.

American Oak Vs French Oak

 American Oak and French Oak are two common types of oak used in wine aging, and they can impart different characteristics to the wine. Here are the key differences between the two:

Species: American Oak refers to oak sourced from Quercus alba, commonly known as white oak, which is primarily found in North America. French Oak, on the other hand, comes from Quercus robur and Quercus petraea, commonly known as European oak, and is primarily sourced from forests in France.

Grain Tightness: American Oak typically has a wider grain than French Oak. The grain refers to the size and arrangement of the wood's annual growth rings. The wider grain of American Oak allows for more oxygen exchange between the wine and the barrel, leading to increased oxidation during aging.

Flavor Profile: American Oak tends to impart stronger and more noticeable flavors to the wine. It can contribute notes of vanilla, coconut, dill, and sweet spices. French Oak, on the other hand, imparts more subtle and nuanced flavors such as cedar, tobacco, cinnamon, and subtle vanilla.

Tannin Levels: American Oak generally has higher levels of tannins compared to French Oak. Tannins are natural compounds found in oak that can add structure, bitterness, and astringency to the wine. The higher tannin levels in American Oak can result in a more pronounced and grippy mouthfeel in the aged wine.

Aging Potential: Due to the differences in grain tightness and tannin levels, American Oak-aged wines tend to mature faster than those aged in French Oak. The increased oxygen exchange and higher tannin content accelerate the aging process, allowing the wine to develop and evolve more quickly. In contrast, French Oak-aged wines often require more time to reach their peak, offering a longer aging potential.

It's important to note that the impact of oak on wine is not solely determined by its origin but also by factors like the cooperage techniques, toast level (degree of toasting the barrel interior), and the wine itself. Winemakers carefully consider these factors to achieve the desired balance of flavors and characteristics when choosing between American Oak and French Oak for aging their wines.

Vegan Wines

 The concept of vegan wines revolves around the production of wines without the use of any animal-derived ingredients or processes. Traditional winemaking often involves the use of various animal-derived substances during the clarification or fining process, which is done to remove impurities and improve the wine's clarity. Common fining agents derived from animals include egg whites, gelatin (made from animal bones or connective tissue), and isinglass (obtained from fish bladders).

Vegan wines, on the other hand, are produced using alternative fining agents that are plant-based or mineral-based. Some examples of vegan fining agents include bentonite clay, activated charcoal, pea protein, and various vegetable-based products. These agents help to clarify the wine by binding to the impurities, allowing them to settle and be removed more easily.

Vegan wines are labeled as such to inform consumers who adhere to a vegan lifestyle or have dietary restrictions. They are suitable for vegans, vegetarians, and individuals who prefer to avoid animal products in their food and beverages. It's important to note that while vegan wines do not use animal-derived fining agents, they may still be produced using traditional winemaking methods, which can involve the use of sulfites or other additives. Therefore, if you have specific dietary requirements or preferences, it's recommended to check the labeling or consult with the winemaker or retailer to ensure the wine meets your criteria.

Usage of Oakwood for making Casks

Oak wood is commonly used for making casks and aging wine and whisky due to its unique properties that enhance the flavor, aroma, and overall quality of the spirits. Here are some reasons why oak wood is preferred:

Porous nature: Oak wood is porous, allowing the spirit to interact with the air and undergo slow oxidation. This process contributes to the maturation and development of complex flavors and aromas in wine or whisky.

Flavor characteristics: Oak imparts desirable flavors to the spirits. During the aging process, compounds like lignin, hemicellulose, and vanillin present in oak are extracted, adding vanilla, caramel, and spicy notes to the beverage. These flavors are highly valued in wines and whiskies.

Tannins: Oak contains tannins, natural compounds that help stabilize the color, structure, and taste of the spirits. Tannins contribute to the mouthfeel and texture of the wine or whisky, providing a desirable balance between sweetness and bitterness.

Microoxygenation: The porosity of oak allows a controlled amount of oxygen to enter the cask. This slow exposure to oxygen facilitates the aging process, smooths out harsh flavors, and enhances the overall complexity and character of the spirits.

Durability and workability: Oak wood is strong, durable, and easy to shape, making it suitable for crafting casks that can withstand the aging process over several years. Its sturdiness ensures that the casks can be reused multiple times.

While oak is the most popular choice, other types of wood, such as cherry, chestnut, and acacia, have also been used for cask aging, particularly in certain wine regions. Each wood type imparts its own distinct characteristics to the spirits, but oak remains the preferred choice due to its unique combination of properties and its long-established tradition in winemaking and whisky production.