Business Standard

Goblet full for big wineries, small ones hit rock bottom amid Covid-19

Indian wine companies have necessarily had to adapt to the new normal of markets and consumer behaviour.

Rajeev Samant
Premium

“Our Instagram campaign with influencers visiting our Source at Sula has been a huge hit," says Rajeev Samant, Founder, Sula

Alok Chandra Bengaluru
It’s tough to make much (if any) money in the wine business at the best of times, and 2019 has been an annus horribilis for not only the wine industry but also for travel and hospitality businesses worldwide.
 
An old quip about the wine business goes like this: “Do you know how to make a small fortune in wine?” “Start with a large fortune!”
 
Wine sales to on-premise outlets (hotels, restaurants, and clubs) declined 80- 90 per cent in the nine months ending December 2020. Most establishments were totally closed April to June; some opened tentatively in the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in