“In India, we do not produce the best quality wine that we can make, but the best that we can sell. We can easily improve with effort in the winery and the vineyard, but it will be at a cost that would take wine beyond the middle class.”
Grover Zampa Vineyards with its headquarters in Bangalore is projected to earn Rs 100 crore this fiscal year. “Next fiscal year, we anticipate earning close to Rs 200 crore in income,” says Ravi
Viswanathan. The company, which has grown to be the second largest in India in terms of capacity and market share, has already received an investment of Rs 200 crore from VisVirus Capital. About 80% of GZV’s wines are sold in India. Everything else is exported. France, Japan, the US, the UK, Germany, and other European nations are the major export destinations. “Our goal is to increase exports to the EU,” says Viswanathan.