Submitted by: Submitted by abby13
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Category: Other Topics
Date Submitted: 06/30/2011 04:23 PM
|Field of comparison |China |India |
|Average annual growth rate AAGR ( |17 % By volume |25% By volume |
|2001-2008) | | |
|Current Retail Value of market |US 7.15 billion Dollars |US 60 Million Dollars |
|Growth Rate in imported wine market,|37 % By volume |18 % By volume |
|AAGR (2001-2008) | | |
|Current Tariff Rates on Imported |Bottled wine - 48.2%( including vat) |Bottled wine - 150% (excluding vat up to 20%)+ |
|wine |Bulk wine - 56% ( including vat) |Extra Additional duty 4% +Education Cess 3% + |
| | |varied levels of special state duties through a |
| | |complex structure , up to 200% ; compounded effect|
| | |approx. 420% |
|Total Grape cultivation acreage |453,000 Hectares |88,705 Hectares |
|(table +wine varietals) | | |
|Total Grape production |6.4 million Tons |1.8 million Tons...