Indian wine market to experience slow performance in coming years: Report
date:Apr 02, 2013
f view, noted Canadean.

The wine consumption in 2011 rose by 44% over 2006 figures, while the survey estimates for 2016 is pegged at about 27.4% over 2011.

The slow-down in growth rate has reflected similarly among the industry's segments, including still wine and sparkling wine. Fortified wine, however, is yet to penetrate in the Indian market.

According to the survey, still wine retains the monopoly in the country's vast wine market with a consistent share from 2006 through 2016.

With litt
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