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NASHIK WINE CAPITAL
A little Nashik goes a long way in ItalyThis month saw a Nashik company make waves by exporting wine equipment to Italy, a clear demonstration of India's burgeoning potential in t...- Storm in a wine glass: As climate change and young consumers reshape the wine world, can India take advantage?Global wine regions face climate challenges and declining demand. India's wine tourism is experiencing significant growth and expansion. Yo...
- IndiGo starts flights from Nashik"...This move connects India's golden triangle to a plethora of domestic and international locations through our 6E network. By enhancing a...
- Sula Vineyards IPO likely to hit Dalal Street on December 12The company has slashed its issue size and is likely to raise about Rs 950-1,000 crore through its initial stake sale. However, the company...
- Nashik wine producers raise toast to improved sales across countryNashik accounts for 80% of the total produce. Of the 93 wineries in the country, 75 are in Maharashtra and 37 in Nashik alone.
- Reliance Capital, VisVires India Wineries acquire stake in Sula wine's maker Nashik VintnersThe deal values India's top winemaker at Rs 700 crore, and provides a handsome exit to its early financial investors led by Everstone Capit...
- Anil Ambani along with Singapore-based wine investor Ravi Vishwanathan to buy 30% stake in Sula for Rs 200 croreGlobal luxury giants such as LVMH’s investment wing L Capital and Thai Beverage were also reportedly in the fray to pick up a stake.
- Max Healthcare founder Analjit Singh vies for 33% stake in Nashik VintnersSingh, founder of Max Healthcare, has placed a bid to acquire 33% stake in India's largest winemaker Nashik Vintners, parent of the Sula br...
- Singapore investor, Premji & L Capital vie for Sula stakeThai Beverage, better known as ThaiBev, is also in the fray for the stake purchase, sources said. The offers value Sula up to $120 million.
- Winemakers bet on wine tourism as new revenue stream; still a long way to goWinemakers have opened up a new revenue stream by throwing open their vineyards and wineries to tourists.
- Nashik wineries host festivals to boost sales and create brand awarenessWith the growing popularity of wine festivals, wineries are increasing the scale of the events, which help create awareness.
- Valued at $125 mn, Nashik Vintners attracts interest of L Capital and RemyNashik Vintners, owners of Sula wines, has kicked off a big stake sale to facilitate exit for financial investors who control around 50% in...
- Reliance Capital buys stake in Grover VineyardsThe financial services company will join Singapore-based wine investor Ravi Viswanathan as a key stakeholder in the combined entity, Grover...
- Need to make visa process easier for students: British envoyPeter Beckingham, also observed that the city has unlocked business potential which can be exploited for its growth on many fronts.
- New wine from new playerThe country's low wine consumption presents a huge opportunity, despite setbacks the sector has suffered in the past two-three years.
- Winemakers look beyond classes with low-priced unitsWine may not remain a case of sour grapes for the bulk of India for long. Producers in India’s wine capital of Nashik in Maharashtra, long ...
- Wine market approaches 1 mn cases markAll eyes are on the Indian wine market which is now on the threshold of its first major milestone, crossing the one million cases mark in 2...
- Vijay Mallya wants to sell Indian wine in FranceUB Group is also planning to export to the UK, a whisky drinking non-wine making country among other international markets. Enjoy the wine,...
- Diageo in JV talks with Mount View, RenaissanceAlcohol giant Diageo’s plans to uncork an Indian wine is entering the final stages.
- Sula plans to tap capital marketsDomestic wine maker Sula Vineyards has charted out a fund raising programme to fund its aggressive growth plans.
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