The head of United Spirits, Vijay Mallya, has said that the company needs to increase its bottling capacity to serve a growing number of wine consumers in its native India.
Billionaire Mallya told a press conference yesterday (29 September) that India’s wine market has a “pretty bright future” due to the growing number of women taking an interest in the sector. His comments were reported by India’s Business Standard newspaper.
Mallya said that United Spirits would seek to ramp up its own bottling capacity to meet higher demand and reduce its reliance on less profitable contract bottling. He added that United Spirits plans to begin exporting its Four Seasons wine under the ‘Ritu’ brand name within the next couple months.
United Spirits is the second largest spirits producer by volume in the world, courtesy of India’s taste for whisky. However, India’s wine market has been on a rollercoaster ride in the last few years, dogged by the financial demise of industry pioneer Indage Vintners.
Wine sales have struggled in the last two years and producers complain that they are constrained by inter-state regulations.
India is still a fledgling market, with only an estimated 1.5m cases sold in the last year, of which roughly 20% is imported. However, despite regulatory and financial problems, consumption is still expected to rise to 4m cases by 2015.
For more information, click here.
Subscribe to Just Drinks for just £1 for 1 month
Stay ahead with unbiased news, expert commentary, and in-depth features on global topics.
As a trusted provider of data and insights, Just Drinks collaborates closely with industry leaders and professionals to offer unique thought leadership and analysis. Gain a deeper understanding of the apparel industry’s trajectory and the priorities shaping the profession.
What’s included in your subscription:
- Personalized Access: Secure login to Just Drinks
- Industry News & Expert Commentary: Timely updates and exclusive C-level interviews.
- Case Studies & Deep Dives: Real-world applications and in-depth analyses.
- Exclusive Subscriber Newsletter: Weekly top features, plus a new thematic report and webinar.
Ready to stay informed?
Subscribe to unlock exclusive content.
Already a subscriber? Sign in to access your account.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Drinks Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Drinks Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now