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Indian Wine Market Expanding Rapidly, Driven By Rising Disposable Incomes, Changing Lifestyles

Indian consumers favor red wines, particularly medium-bodied varieties. The demand for luxury and super-premium wines is also increasing, says Sumit Jaiswal, COO, Grover Zampa Vineyards

Sumit Jaiswal, Chief Operating Officer, Grover Zampa Vineyards

Indian Wine Market Expanding Rapidly, Driven By Rising Disposable Incomes, Changing Lifestyles
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9 Dec 2024 9:16 AM IST

Grover Zampa Vineyards, a pioneer in Indian winemaking since 1988, has redefined the country's wine industry with its premium offerings and global accolades. Known for its vineyards in Nandi Hills, Karnataka, and Nashik Valley, Maharashtra, the company combines innovation with tradition to cater to a discerning clientele. "Our commitment to quality and craftsmanship is at the heart of our success," Sumit Jaiswal, Chief Operating Officer (COO), Grover Zampa Vineyards, tells Bizz Buzz, highlighting their 216 international awards across three continents. As India’s wine market grows, Grover Zampa leads with its diverse portfolio, including iconic labels like La Reserve and sparkling wines like Auriga. With plans to expand production and market reach, the brand aims to elevate Indian wines on the global stage


What is the company status in the Indian wine market?

Grover Zampa is a prominent player in India's emerging wine sector, having had a significant influence on both the local and global markets. Grover Zampa, a pioneer in the winemaking industry, has been instrumental in making India a leading manufacturer of high-end wines. One of the first wineries in India to concentrate on producing high-quality wines, the company was established in 1988 and started making wines in 1992. Grover Zampa continues to preserve a tradition of winemaking quality with its cutting-edge wineries and vineyards situated in the famous wine-producing regions of Nandi Hills in Karnataka and Nashik Valley in Maharashtra.

Grover Zampa has established a reputation for making high-quality wines over the years, appealing to a clientele that is becoming more affluent and refined and who no longer only drink traditional alcoholic beverages. The brand is a strong force in the Indian wine market thanks to its dedication to quality, craftsmanship, and innovation, which enables it to successfully compete with both domestic and foreign brands. As a pioneer in high-end wines today, Grover Zampa is known for continuously producing goods that meet the changing tastes and inclinations of wine lovers both domestically and internationally.

How is the Indian wine market?

With rising consumption each year, the Indian wine market is expanding quickly and steadily. In the premium and super-premium categories, where demand is growing among a more affluent, educated, and globally aware customer base, this development is especially noteworthy. Rising disposable incomes, shifting lifestyles, and more understanding of wine and its culture have all contributed to India's wine market's double-digit growth.

Due to their large and cosmopolitan customers, the metro areas of Delhi, Mumbai, Bangalore, and Hyderabad have historically been the main destinations for wine consumption. However, when wine steadily gained popularity in Tier 2 and other states there is a visible change in consumer behavior. Wine bars, restaurants, and retail stores are responding to the growing demand for wine as smaller cities become more accepting of it as a preferred beverage. For Indian wine makers like Grover Zampa, the expansion of the wine-drinking population and the ongoing increase in disposable income offer an exciting chance to enter these new markets.

It is anticipated that the wine market will continue to develop, especially as younger consumers who are more aware of worldwide trends start to enjoy wine more frequently rather than only on special occasions. This change in customer choices offers a strong basis for sustained market expansion.

What kinds of wines are very popular among wine consumers?

Despite their diversity, Indian wine consumers still prefer red wines, which still represent the majority of the market. Red wines that are not excessively dry are generally preferred by the Indian palate, with medium- to full-bodied wines being especially well-liked. This predilection can be explained by the fact that Indian food is frequently rich and savory, and different dishes go well with red wines that are medium-bodied or somewhat sweeter.

The market for luxury and super-premium wines has increased recently due to the sophistication of the Indian palate. Consumers are becoming more appreciative of wines with more complex characters as they become more aware of international wine trends and have more money to spend. This changing taste is seen in the growing demand for reserve wines, which provide greater depth and complexity.

Sparkling wines, particularly celebratory and high-end varieties, have gained popularity for special events and occasions in addition to red wines. The products offered by Grover Zampa, which satisfy these tastes, have been very effective in satisfying the demands of the changing Indian wine consumer.

How does Grover Zampa wines portfolio resonate with the consumer?

Grover Zampa has created a broad and varied wine line that appeals to a variety of customers. The company makes wines that appeal to both serious wine enthusiasts and people who are just starting to learn about wine. Because of their complexity and outstanding quality, Grover Zampa's premium wines, like Signet and Chene, are widely sought after by wine connoisseurs. These wines are designed to satisfy the discriminating palates of people who value the subtler aspects of winemaking.

Grover Zampa provides a range of choices for the wine aficionado, such as the Art Collection, La Reserve, and Vijay Amritraj Reserve Collection. These wines appeal to a wide range of customers who are searching for wines that offer both enjoyment and elegance because they find a balance between accessibility and refinement.

Aside from its main products, Grover Zampa's sparkling wine Auriga has grown in popularity for festive events, and the Soiree line offers a more accessible, lighter alternative for get-togethers. Because of its diversity, Grover Zampa can accommodate a wide range of preferences and events, guaranteeing that its portfolio has something to offer everyone.

Grover Zampa's commitment to quality has brought it international acclaim; in esteemed contests such as the Decanter and International Wine & Spirit Competition (IWSC), the winery has won over 216 international accolades. These honors support the company's leadership in the Indian wine market in addition to validating its superior winemaking.

How has Grover Zampa grown in recent times?

In recent years, Grover Zampa has continuously experienced double-digit growth, solidifying its position as the industry leader in Indian wine. The company's capacity to innovate and adjust to shifting consumer demands, as well as its strategic concentration on luxury wines, are responsible for its success. Its continuous success has been aided by its capacity to keep a significant presence throughout the nation, particularly in both metropolitan and emerging regions.

The outstanding expansion of Grover Zampa's super-premium and reserve wine categories, which have had growth rates of more than 25 per cent, is one of the company's most notable accomplishments. This increase is a result of customers' growing willingness to spend money on better wines and their tendency toward more sophisticated tastes.

In the upcoming fiscal year, Grover Zampa intends to further broaden its market reach in India by venturing into new markets in states like Uttar Pradesh, Punjab, and Himachal Pradesh. The company's plan is to keep growing its presence in India's established and developing wine markets.

What are your expansion plans currently?

Grover Zampa has big aspirations for growth, concentrating on both home and foreign expansion. The business wants to expand domestically by entering new markets in Tier 2 and other states where wine consumption is increasing. The company intends to expand into other areas including Himachal Pradesh, Punjab, and Uttar Pradesh in order to reach new customer groups and spur additional growth.

Grover Zampa has been growing its export markets abroad, and in the upcoming year, it intends to export to 22 nations instead of just 18. By doing this, the business will be able to expand its worldwide reach and reach more people with its high-end wines. Grover Zampa is concentrating on growing its wine tourism company in addition to its market expansion. In the upcoming months, the company intends to remodel its winery in Nashik to give guests a top-notch experience. This will increase customer involvement and solidify Grover Zampa's position as a top wine brand.

What is your wine production in recent times and how has it grown?

Over the years, Grover Zampa has greatly expanded its capacity to produce wine. At the moment, the company produces more than three million liters of wine from all of its wineries combined. In the upcoming year, Grover Zampa intends to increase the capacity of its Nashik winery by about 500,000 liters in order to satisfy the growing demand for its premium wines. The company will be able to sustain the quality and consistency for which it is renowned thanks to this capacity expansion, which will meet both domestic and foreign demand.

How do your wines compare internationally and how do you plan to raise the bar?

With numerous awards from major international competitions like Decanter and IWSC, Grover Zampa's wines are well-known throughout the world. An important factor in raising Grover Zampa's wines to world-class levels has been the company's collaboration with famed French winemaker Michel Rolland, who has been producing its wines since 1995.

Being the first winery in India to employ an optical sorting system, which greatly enhances grape selection, Grover Zampa has also spearheaded developments in winemaking. The company has also added concrete tanks, foudres, and amphoras to its production process—all of which are firsts for Indian vineyards. Grover Zampa has raised the standard for Indian winemaking on the global scene thanks to these advances, which have helped produce Signet, one of the best wines in India.

How is the company growing financially?

Grover Zampa Vineyards has seen consistent financial development, particularly after the Covid-19 pandemic setbacks. Like the majority of the wine sector, the company encountered difficulties during the epidemic, especially because of limitations on travel, events, and hospitality. Grover Zampa, however, showed tenacity by adjusting to shifting market conditions. Sales of the brand improved in both home and foreign markets as the nation reopened, indicating a robust recovery. This growth was facilitated by the company's emphasis on premium and super-premium wines as well as a calculated extension of its distribution networks. Grover Zampa's market expansion and the rising demand for premium wines in India and around the world are driving the company's double-digit growth, which is well-supported by its sound financial future.

What is the way forward for the company?

Grover Zampa Vineyards is dedicated to growing its market share in the wine categories of premium, reserve, and super-reserve. The company's success has been largely down to its unwavering focus on making high-quality wines, and it will keep this as a top priority going forward. Grover Zampa has introduced nine new wines in the past 30 months, expanding its line to accommodate a greater variety of consumer tastes. Moving forward, the business plans to expand the reach of its well-known favourites while also expanding the distribution of these new wines. Grover Zampa wants to improve its market position both domestically and abroad by maintaining an emphasis on quality, innovation, and customer pleasure. This will ensure long-term growth and client loyalty.

Grover Zampa Vineyards Indian Winemaking Premium Wines International Awards Wine Market Expansion Sumit Jaiswal 
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