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Pernod Ricard sells its Wine Portfolio
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Pernod Ricard is very pleased to announce the signing of an agreement to sell its international strategic wine brands like Jacob’s Creek, Camp Viejo from Rioja Spain and Brancott Estate from New Zealand to Australian Wine Holdco Limited (AWL), a consortium of international institutional investors and owner of Accolade Wines. Subhash Arora reports
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Chandon records best Result at Decanter Wine Awards with 100% strike rate
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At the recent Decanter World Wine Awards (DWWA), India managed a respectable position with a tally of 18 Medals with 6 wines bagging a Silver and 12 managing a Bronze with no Gold in sight, and Chandon managing a 100% Strike Rate with all its 4 labels winning a medal, including their latest offering last year, with their debutant still wine Aurva Shiraz Reserve 2021 winning a Silver, writes Subhash Arora
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Red Wine Production falls globally as other categories gain, says OIV Report
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According to a report prepared by the Statistics Department of the International Organisation of Vine and Wine (OIV), based on the data provided by the 50 member States including India, global red wine production has dropped from 48% to 43% in the last 20 years, while white wine share including sparklers, has gone up from 46% to 49%, and Rose seeing a growth of 1.5% to 8% during this period, writes Subhash Arora.
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WIPS cleared by Maharashtra Govt. will benefit Sula the most
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Maharashtra State Government has finally passed the proposal to re-introduce the Wine Industrial Promotion Scheme (WIPS) which was started in 2009 to help the local wine industry but discontinued in 2020-21 with disruption due to Covid-19, writes Subhash Arora who says it was already announced in early January this year and that the lion’s share would naturally go to Sula Vineyards which has been the biggest contributor of VAT.
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Wine is a Gift from God, says Pope Francis in Vatican
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The diversity in culture for Christians and Hindus came to the fore, on 22 January when the idol of Lord Ram was consecrated with much fanfare in Ayodhya and a Dry Day declared in parts of UP to solemnize the occasion whereas Pope Francis addressed a gathering of wine producers assembled in the Vatican on the same day and said that wine was a gift from God and a true source of joy for its consumers, writes Subhash Arora
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Maharashtra Wine Producers to have a Windfall
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Wine producers in Maharashtra are a happy lot post-Covid with higher production and sales, and now with a welcome increase in profits as the state government is set to disburse the annual subsidy of 16% of VAT for the suspended period of 4 years and also revive the Wine Industrial Promotion Scheme (WIPS) for the next five years with the cabinet approving the proposal, writes Subhash Arora who feels it will significantly help the producers and indirectly benefit the farmers as well
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French Government not in favour of endorsing Dry January
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The new year brings new hopes for everyone including those who indulge a lot of binge drinking in December or in general have gone overboard, to observe Dry January which has been slowly gaining momentum, with French government not willing to endorse the movement and creating a row, writes Subhash Arora who wishes all our readers of delWine but does not support the concept but strongly recommends drinking in moderation
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Sula Shares get boost as Wine tourists flock over Christmas
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Over 5,000 tourists visited Sula Vineyard facilities in Bangalore and Nashik on 24 December – the most on a single day, registering its highest single-day sale of Rs 85 lakh while the 3-day weekend brought in 12,000 visitors contributing Rs. 228 lakhs in revenue, the report helping Sula Shares jump by over 6% on Thursday after the company announcement, writes Subhash Arora who marvels at the recognition of the value of wine tourism that he has been stressing over the last 15 years
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Gujarat’s GIFT to allow Selective Wine and Liquor Consumption
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For the first time the Gujarat government has allowed the consumption of wine and liquor in hotels, restaurants and clubs offering Wine and Dine facility in Gujarat International Finance Tec-City (GIFT) in Gandhinagar District, per a government order issued by the Narcotics and Excise Department on Friday, making Subhash Arora wonder if it is the thawing process towards selective prohibition
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UP includes 3 new wine Categories in Excise Policy 2024-25
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Delhi Government may be ready with the 2024-25 liquor excise policy only in August 2024, per its recent norms, but the cabinet of the neighbouring state-Uttar Pradesh announced the new policy on 19 December amending the UP winery Rules that include three new categories of wine – apple cider, Perry (pear cider) and Shelly, well in time for its implementation on 1 April 2024, writes Subhash Arora
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EU Pavilion Show Stopper for Wine Lovers at Vinexpo India 2023
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The 4th edition of the 3-day long Vinexpo India, co-located with SIAL India and held for the first time at India International Convention and Expo Center (IICC-also known as Yashobhoomi), was a very successful Show, with SIAL India really popular with several innovative products but the EU Pavilion as Region of Honor, with its enormous presence as a wine pavilion at Vinexpo India and EU food Pavilion with several stalls (especially showcasing food products) kept the exhibitors and participants on toes for 3 full days on 7-9 December 2023, writes Subhash Arora
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Vinexpo India to come to Mumbai in 2024 for 2nd Edition
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Vinexpo India, the premier wine and spirits exhibition created by Vinexposium, is thrilled to announce a ground breaking development that is set to elevate the event to new heights and after 3 successful editions in Delhi and following up its first success at Hotel Leela in Mumbai, Vinexpo announces its return to Mumbai in 2024, according to a Press Release
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World Bulk Wine Exhibition concludes successfully
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The 15th edition of World Bulk Wine Exhibition held in RAI Amsterdam on 20-21 November concluded successfully, with 250 wineries presenting their bulk and unbranded wines from 26 wine producing countries and highlighting that bulk wine and private labels are the economic driving forces in the wine industry, providing a good hunting ground for current and potential importers from India as well, writes Subhash Arora
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The Lalit Group joins Indian Wine Day (16 November) Celebrations after gap during Covid
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After a gap of 4 years due to Covid, the Lalit group of hotels has joined hands with the Indian Wine Academy to celebrate the Indian Wine Day with even greater fervor, with all their 11 properties in unison celebrating it , offering wines from Sula Vineyards, Fratelli Wines, KRSMA Estate, and Good Drop Wine Cellars at various destinations with excellent Menus at a fixed price or Rs. 3000+, writes Subhash Arora who would miss this year’s event in Delhi as he has been requested to support the events at Chennai on 16 November by Chinmaya Amrit Raja, another enthusiast for the cause
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Indian Industry comes together in Mumbai to showcase Indian Wines
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Indian Wine Vintage 2023 Tasting organised yesterday by the Wine Growers Association of India (WineGAI), founded by leading Indian wine producers selling branded wines, hosted the hospitality trade and media at the “Indian Wine Vintage 2023 Tasting” for a memorable evening. Subhash Arora reports
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