APEDA Attends London Wine Fair to Promote India's Wine Exports
In the global market, the demand for Indian alcoholic beverages such as malt beer, wine, white wine, brandy, whiskies, rum, gin, and so on has increased dramatically.
In order to boost Indian wine exports, the Agricultural and Processed Food Products Export Development Authority (APEDA), which works under the Ministry of Commerce and Industry, facilitated the participation of ten exporters in the London Wine Fair, 2022.
The London Wine Fair is considered one of the world's most important wine trade events. 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 are among the Indian exporters who attended the London Wine Fair.
Given that India is the world's third-largest alcoholic beverage market, 12 joint venture companies with a licenced capacity of 33,919 kilolitres per annum for the production of grain-based alcoholic beverages exist. Under licence from the Indian government, approximately 56 units manufacture beer.
During 2020-21, India exported 2.47 lakh metric tonnes of alcoholic products to the world, totaling USD 322.12 million. In 2020-21, the major export destinations for Indian alcoholic beverages included the United Arab Emirates, Ghana, Singapore, Congo, and Cameroon, among others.
Maharashtra has become an important state for wine production, with over 35 wineries in the state. In Maharashtra, grapes are grown on approximately 1,500 acres for wine production.
To encourage wine production, the state government designated winemaking as small-scale industry and offered excise concessions.
In the global market, the demand for Indian alcoholic beverages such as malt beer, wine, white wine, brandy, whiskies, rum, gin, and so on has increased dramatically.
APEDA has held a number of workshops and wine tasting events at international trade shows to raise awareness about the potential of Indian wines. From 2010 to 2017, the Indian wine industry grew at a compound annual growth rate of 14%, making it the country's fastest growing alcoholic beverage industry.
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