Rituparna Chatterjee – Mumbai
Grover Zampa Vineyards, one of the oldest wine producers in India, has announced the induction of Edouard Labruyere of French winemaker Labruyere Family to its board of members. This announcement came in after Labruyere Family made an investment in Grover Zampa Vineyards. Labruyere Family has made this investment through Ravi Viswanathan led VisVires Capital, an investment and advisory group that holds 30 per cent stake in Grover Zampa Vineyards. Details of the investment were not disclosed. Through this partnership, Grover Zampa Vineyards will bring in Labruyere Family’s expertise in wine making and knowledge of international markets while further cementing its position in the super premium category in India.
Speaking to Food & Hospitality World, Sumedh Singh Mandla, chief executive officer, Grover Zampa Vineyards, stated, “With the Labruyere Family on board we will work together in terms of bringing about innovation in vineyards and wine production. We can send some of our team members there for training while their winemakers can visit us here. We have more than 50 per cent share in the super premium category in India, which includes the reserve wines where the MRP is more than Rs 1000. Through this partnership, we can bring more products and better quality into this category.”
Grover Zampa Vineyards recorded a growth of more than 50 per cent last year selling 115,000 cases. In 2016 it is looking at selling more than 200,000 cases.