ND Wines Targets 10 Lakh Bottles Production, Market May Grow 30%

Nashik, March 4: | Updated: Mar 5 2004, 05:30am hrs
The nascent wine market in India is expected to grow by over 30 per cent per annum over the coming years. Viewing this growth and banking on their vineyards spread over a total of 700 acres in Dindori (Nashik), ND Wines Pvt Ltd has targetted a wine production of three lakh bottles in the current year and over 10 lakh bottles over the next five years.

ND Wines products were launched in October 2003 and have received approval from buyers in UK, according to founder chairman Ashok Gaikwad. Director Ranjit Patil said that at present ND Grapes (the promoting company of ND Wines) is the largest exporter of table grapes, including countries like Hong Kong, UK, Germany and Holland. Mr Gaikwad added that the company exports 40 per cent of its total table grape production as compared to the industry average of about 2-3 per cent.

In December 2003 the company launched six varieties of wines. The white wines launched are ND Chenin Blanc, Sauvignon Blanc and Sauvignon Blanc Reserve, while the red wines are Shiraz, Cabernet Sauvignon and Cabernet Sauvignon Reserve. These wines have been created by the leading French wine maker and oenologist Jean-Manuel Jacquinot. The 750 ml bottles of these varieties have been priced at Rs 498, Rs 582, Rs 660, Rs 720, Rs 588 and Rs 672 respectively in Maharashtra.

(The travel for the story was sponsored by ND Wines)