India's booming wine market attracts Australian producers as tariffs fall and consumption rises.

India's growing wine market, fueled by its expanding middle class, offers significant opportunities for Australian wine producers. With consumption expected to nearly double by next year and a free trade agreement reducing import tariffs, Australian wine sales in India have tripled over the last decade. Despite low per capita alcohol consumption, India's large population makes it the world's ninth-largest alcohol consumer, with a rising interest in wine driven by urbanization and exposure to global lifestyles.

December 02, 2024
3 Articles