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ProWein 2023: Indian Wine Industry needs a few Kylie Minogues
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‘The world famous Australian singer, songwriter and actress Kylie Minogue who has sold around 8 million bottles in less than 2 years of the Launch of Kylie Minogue wines, will be present at the Stand of her distributor and collaborator Benchmark Drinks at ProWein on 19-21 March 2023, reports Subhash Arora who believes Indian wine industry could do well with a few celebrities like her in Bollywood, music industry or sports to showcase their wines and build brands with their followers
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Integra Essentia: A Public-owned company buys Indage Vintner Winery Assets
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‘Fools rush in where angels fear to tread’- but a public limited smallcap multibagger, Integra Essentia Ltd is determined to disprove the adage, by buying the land, wine equipment and other assets of the now bankrupt Chateau Indage in Narayangaon Maharashtra for Rs. 40 Cr (400 million), and hopes to miraculously leapfrog to the top, writes Subhash Arora who believes it will be a steep climb and the road may be slippery but a sea of gold awaits them if they are successful
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India becomes biggest Whisky Importer despite heavy Taxes
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Despite heavy import duties of 150% on Scotch whisky and the continued clamour for reduction of duties by Scotch Whisky Association and Indian importers, and with the UK focusing on the ongoing talks on India-UK Free Trade Agreement, India has become the biggest importer by volume of Scotch whisky in 2022, displacing France, writes Subhash Arora.
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China claims its relations with Australia thawing
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After three years of ‘cold war’ the relations between China and Australia appear to be thawing, if one were to believe the report by Chinese state-run news agency Xinhua reporting the Chinese President Xi Jinping saying on Thursday that relations with Australia were moving in the right direction, with improvements in the trading ties between the two major trading partners.
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UP to become next Wine Producing Indian State
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Uttar Pradesh’s 1st fruit winery is all set to come up on the Delhi- Haridwar National Highway in Muza?arnagar District with Sanjay Gupta, a local businessman already investing Rs. 40 million (4 Crores) in technology, plant machinery and equipment, with the sub-tropical fruits like lychee, mango, peaches, guavas and jamun to be used for wine production, writes Subhash Arora who is impressed by the progressive approach to wine and alcohol licensing in the State.
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Indo- Australian FTA operational Today to make Aussie Wines Cheaper
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The much awaited FTA between India and Australia that was to become operational on 29 December has a date with the Indian wine importers, since all wines costing $5 and above will see a fall in import duties from 50-75%, depending upon their FOB value, but the drop may not be observed overnight, writes Subhash Arora who feels the cheaper wines may also see a drop, despite the duties not reduced for them but a fall in prices due to the current glut in the market.
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Sula Vineyards disappoints IPO Investors looking for Opening Gains
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Shares of Sula Vineyards Ltd. (earlier Sula Vineyards Pvt Ltd.) that were allotted a couple of days ago were listed for trading at Bombay and National Stock Exchange yesterday, disappointing investors who hoped to make early gains by selling their shares at the opening of the trading day with the shares trading at a discount of Rs. 26 at Rs. 331.20 at the closing time, writes Subhash Arora.
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Sula Vineyards IPO opens for Subscription on December 12
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The largest Indian wine producer Sula Vineyards is finally bringing out the Initial Public Offer (IPO) on December 12-14, with an Offer of Sale (OFS) of 26.9 million shares of Face Value of Rs. 2 at a Price Band of Rs. 340-357 by the existing shareholders, with no part of the receipt to be used for the operations of company
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Delhi Excise plays Spoilsport at Vinexpo India 2022
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The 3rd edition of Vinexpo India held on 1-3 December, 2022 at Pragati Maidan Delhi was more than twice the size of the previous edition last year, in terms of the number of stands and the labels for tasting but left a bad taste in the mouth of exhibitors as the Delhi government declared a Dry Day on December 3 due to Municipal Elections the following day, with the fuming participants not even allowed to take a single bottle of wine earmarked for tasting on December 3. Subhash Arora reports
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Ravi Viswanathan Keynote Speaker at Vinexpo India on 1-3 Dec at Pragati Maidan
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Ravi Viswanathan, Chairman of Grover Zampa Vineyards will be the Keynote Speaker at Vinexpo India with Mr. K.N.Kumar, I.A.S., Government of Meghalaya as the Chief guest. With a set of 15 powerful Masterclasses, and over three times the number of exhibitors including European Union and wines in as much additional space, Vinexpo India, co-located with SIAL India is ready to make a big splash in Delhi and the North Indian market, writes Subhash Arora
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EU Pavilion to showcase agricultural products at SIAL India / Vinexpo India 2022 in Delhi on Dec 1-3
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Agricultural products from the European Union are more than just food and drinks, they are stories shared, heritage passed on through generations. They are collections of flavors, bursting with character that are traceable back to rich origins. All EU Member States share food and farming standards, reinforced by robust food safety regulations, guaranteeing authentic, high quality, sustainable and safe products that are exported all over the world, and will share some of them at the EU Pavilion at Vinexpo India and SIAL India on Dec 1-3, according to a Press Release
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Australia Parliament ratifies Indo Australian FTA (ECTA)
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The Australian Parliament has finally given the Indo- Australian FTA its seal of approval yesterday and with a few procedural aspects that may take around a month to be completed, both India and Australia would hope the treaty will take effect soon after that, giving a wider choice to consumers in both countries, according to various media reports
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6th Edition of Indian Wine Day being celebrated on 16 November
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The 6th edition of Indian Wine Day earmarked for celebration on 16 November is set to be celebrated across India, with some organisations traditionally celebrating for a week, with the festivities at a high at least in Delhi, Chennai and Puducherry, writes Subhash Arora who feels the day is evolving, with several wineries supporting it, albeit not very enthusiastically and have still not given it the due importance though it is for their own good to motivate wine lovers so he strongly urges every wine lover to open at least a bottle of wine on this day at home or in a restaurant, in India or overseas
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Sula Vineyards gets SILVER Membership of IWCA
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Sula Vineyards is one of the 9 wineries to have earned Silver membership this month, of International Wineries for Climate Action (IWCA) founded by Familia Torres of Spain and Jackson Family Wines of California in February 2019, making two of the co-founded wineries achieve a Gold Status and other 8 earning Silver medals, with these 10 wineries taking the initial membership in 2019, reports Subhash Arora
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European Union Wines to be at Center Stage at Vinexpo Delhi 2022 on Dec 1-3
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Although many foreign producers have lined up to showcase wines from Portugal, Italy, Spain, France, Austria and South Africa etc, it’s the European Union Block that will hold the center stage at the upcoming Vinexpo Delhi 2022 to be held on December 1-3, 2022 with a big stand at SIAL India as well as Vinexpo India with a string of 3 Masterclasses to be held one each, every day, writes Subhash Arora, Advisor and Conference Chairman for the Show to be co-located with SIAL India
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