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Promoted by Amit Burman, the company also plans to set
up own vineyards in Himachal Pradesh and Maharashtra as part of launching
their own domestic brands in the country.
Confirming the development, AS Wadhwa, CEO of Nature's
Bounty and formerly from UB group says, "We have a proposal for joint
venture, but it will depend on the success of the brands we are importing
from Sicily currently. If the JV works out, we will import wines in bulk
and bottle them in India."
As of now, the company is marketing four brands from
Sicily including Maranfusa, D'istinto and Terre di Ginestra. It also plans
to launch domestic brands in the country, though the timeline has not
been fixed yet.
The company makes four variants of the wine under Casuarina
Creek brand, at Toorak Wineries located in the New South Wales region
of Australia where the company had bought some stake over a year ago.
The report says that currently about 50,000 cases of
'bottled in origin' wine is sold in India.
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