FACTOID OF THE DAY China is Asia 's hottest spot for hotel development and it accounts for nearly one-half of all new projects in the region, but India follows, though it's a distant second. Of the 386 hotels projects in various stages of execution in Asia , 188 are in China , 134 of them in the four- or five-star category, according to a report released by the US-based industry tracker, Lodging Econometrics. India has 78 hotel projects in the pipeline and these are expected to contribute 12,244 rooms to a market in desperate need of greater supply. ( Source: Reuters/ Mumbai Mirror ) |
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NEWS FLASH: France has become India 's No. 1 source of imported cheese. And wine imports from that country have seen a dramatic rise. Subsequent editions of delWine will have more of this story. |
Italian Trade Commission Plans Gastromy & Wine Festival |
November will see the start of the most comprehensive celebration of Italian products in Delhi and Mumbai. Under the brand umbrella Italian Festival, the Italian Trade Commission is launching the event with ... more |
Spain's 'Burdeaux': La Rioja's Journey to the World Stage |
As the only Indian at the Fourth Grandes de La Rioja 2006, Subhash Arora got to sample some of the best products of Spain's premier wine-making region. Here's his guide that will help you understand the versatility of La Rioja's wines a little better. ... more |
Food Processing Industry to Provide 20% of India's GDP: Assocham |
The Associated Chambers of Commerce and Industry of India (Assocham) has floated a proposal for an autonomous Food Development Bank of India (FDBI). In a paper on the Indian food processing industry submitted ... more |
India, France Plan to Step Up Bilateral Trade to US$5bn |
The two-way trade between India and France, estimated at around US$3 billion, will be stepped up to US$5 billion soon very soon and foreign direct investment (FDI) from France into India will also be accelerated. ... more |
Grape Glut Will Ruin 40% of Aussie Farmers: Industry Spokesman |
Up to 40% of Australian wine grape growers face financial ruin unless an A$60 million bailout fund is put in place to counter the grape glut dogging the industry, reports Sydney Morning Herald quoting the Mark McKenzie, Executive Director, Wine Grape Growers Council of Australia. ... more |
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