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Monday 30 June 2008

India's Domestic Wine Industry Booms

A decade-old domestic wine industry in India is expanding rapidly as Indians acquire a taste for wine. But as Anjana Pasricha reports from New Delhi, high import duties continue to remain a barrier for foreign wine producers in the Indian market.

When corporate executives threw parties ten years ago, they only stocked whiskey, vodka and beer. But as a growing economy and increasing affluence changes tastes, middle and upper class Indians make sure they have wine to offer when friends come over.

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Friday 25 January 2008

Greek wine Tsantalis in Turkish market

Greek wine label Tsantalis makes an inconspicuous entry in Turkey's market in November. Its distributors say in the one month since Tsantalis has been available on the Turkish market they have nearly reached their sales target

One of Greece's household names in wine, Tsantalis, entered the Turkish market last November, becoming the first wine from the neighboring country available in Turkey.

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Thursday 23 June 2005

Winemaker aging well

Terlato might not be a household name, but chances are most wine connoisseurs have tasted the result of this Chicago family’s more than 50-year commitment to developing an American market for premium wines.

Ranked as the 118th largest private company in Chicago by Crain’s Chicago Business, Lake Bluff-based Terlato Wine Group Ltd. has grown from a father-son operation into a wine powerhouse with 300 employees. The company grossed $200 million last year compared with $185 million in 2003 and $30 million in 1981.

The company oversees interests and ownerships in wineries and vineyards as well as it’s flagship company, Paterno Wines International Ltd.

Paterno is famous for making the astute decision 25 years ago to import Santa Margherita Pinot Grigio, a brand that went on to become one of the most requested imported wines in restaurants.

Today, Paterno hopes to see the same success in an unlikely candidate: A Greek white wine called Boutari Moschofilero.

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