Can China Sell Wine to India?
Can China Sell Wine to India?
May 3, 2011 6
China isn’t world-renowned for winemaking and India isn’t known as a nation of wine drinkers, yet these two markets are playing an increasingly prominent role in the industry.As incomes increase and the middle class expands, wine is growing in popularity in both countries. According to a Vinexpo/International Wines and Spirits Record study, India will become the world’s tenth fastest growth nation for wine consumption between 2009 and 2013. Another study by Vinexpo shows that China’s wine consumption is likely to grow by 19.6% between 2010 and 2014, making it the sixth largest wine consumer in the world.
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