London Wine Fair 2022
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.
The Commerce and Industry Ministry, through the Agricultural and Processed Food Products Export Development Authority (APEDA), made it possible for 10 exporters to attend the London Wine Fair in 2022 in an effort to increase the export of Indian wine.
According to a release from the ministry, 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 were among the Indian wine exporters who attended the London Wine Fair from June 7 to 9.
There are 12 joint venture businesses with a licenced capacity of 33,919 kilo-liters per year for the production of grain-based alcoholic drinks, the ministry reported, noting that India is the third-largest market for alcoholic beverages in the world.
It claimed that 56 facilities produce beer with permission from the Indian government.
The ministry reports that during 2020–21, India exported 2.47 lakh metric tonnes of alcoholic products to the world for a total of USD 322.12 million. The demand for alcoholic beverages from India, such as malt beer, wine, white wine, brandy, whiskies, rum, and gin, has multiplied on the international market.
In 2020–21, the United Arab Emirates, Ghana, Singapore, Congo, and Cameroon were India’s top export markets for alcohol.
With more than 35 wineries in the state, Maharashtra has grown to be a significant wine-producing state. In Maharashtra, grapes are grown on about 1,500 acres for wine production. The state government has designated the wine industry as a small industry and provided excise incentives in an effort to encourage wine production.
The Indian wine sector has experienced the fastest growth among the nation’s alcoholic beverage industries from 2010 to 2017, expanding at a compound annual growth rate of 14%. According to the ministry, APEDA has since held a number of workshops and wine tasting events at numerous international trade shows to raise awareness of the potential of Indian wines.
