Business
An uniform tax policy is the most crucial need for Indian wine industry
Bengaluru: A nationwide uniform tax policy is the most crucial need for Indian wine industry to grow, said the chief executive of a leading Indian wine maker on Saturday.
“Every Indian state has its own taxes and duties policy which is a challenge as rules change from state to state. The Indian wine industry needs a uniform policy across the country,” said Grover Zampa CEO Sumedh Singh Mandla at “The Great Grover Wine Festival” here.
Also noting that state governments club spirits – whisky, rum, gin, brandy and others – and wine together for tax policies, he said this is working in the disadvantage of the wine industry which should have its own separate policy.
“Wine and spirits are different; the content of alcohol is lesser in wine than spirits. They need different policies,” he stressed.
Grover Zampa sells two lakh wines cases in India and considers Karnataka to be its biggest market where its produces Cabernet Sauvignon, Shiraz, Viognier, Sauvignon Blanc, Clairette and Chardonnay grape varieties for making red, white, rose and sparkling wines.
The company’s Karnataka vineyard started production in 1998 and is located 40 km northeast of Bengaluru in Nandi Hills while its first vineyard was planted in Maharashtra’s Nashik.
Grover Zampa will very soon launch its sparkling wine produced from Karnataka vineyard.
“Karnataka has many MNCs and young professionals coming from across the country and the number of people willing to learn about wine is incredible. I consider Karnataka as our home base,” said Karishma Grover, the grand daughter of Kanwal Grover, the company’s founder.
Grover, the company’s associate wine maker, said the Kerala government’s ban on selling liquor in bars and restaurants below five star category has bolstered and tripled the company’s entry level wine sales in that state.
The company produces grapes in nearly 700 plus acres and is focusing to expand the market share of its premium wine varieties priced in the range of Rs.600-1,850, said Mandla.
“In the last three years we achieved a growth rate of 50 percent year-on-year,” he said, noting Indian wine industry’s market value is just Rs.1,000 crore with a volume of 2.5 million cases compared to 300 million cases market of spirits with a huge potential to grow.
Aimed at promoting wine culture in India, the second edition of the wine festival organised wine appreciation sessions, grape stomping and a concert featuring Lagori, Aabha Hanjura, Sufistication, Karthick Iyer, Ananth Menon and trio and Sabrian among others.
Business
Apple is giving a huge discount on its gadgets: Details inside
If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.
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Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.
Amazon Summer Sale May 2022: Discount offer on iPhone 13
Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.
If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.
Buy at Rs. 64,900 (MRP – Rs. 79,900)
Features of Apple iPhone 13
The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.
The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.