Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
Jul, 31 2013

Cevico Group Investing In India

Major wine production from Italy investing into India with EUR 100,000.

Cevico Group, one of the major wine systems in Italy, will enter the Indian market with an investment of EUR 100,000 by the end of this year. The Group is bringing in four new products—Merlot Sangiovese Rubicone IGT and Trebbiano Chardonnay Rubicone IGT under the brand name E'got; and two under the brand name Golden Sparrow, which consists of red and white wine.

Mr. Francesco Paganelli, Export Manager, Guppo Cevico, said, "We have 18 wineries under our belt. We want to offer great value proposition in terms of quality and price. Basically, we want to offer value for money. We are not here for sale. We have medium-type marketing plans where we try to deliver a good tasting wine. We want to let people judge our product that blends well with Indian food and is very light to drink."

Mr. Paganelli further elaborated "India is growing fast and so is its wine market, but it's getting costlier day by day. The taxes here are increasing at fast rate, which can be a problem for brands like us. In Italy, wine is tax-free and cheaper than in India."

Comment
Related opportunities
  • Imagine yourself having a tried and tested winning formula in..
    Locations looking for expansion Maharashtra
    Establishment year 2002
    Franchising Launch Date 2008
    Investment size Rs. 50 K - 2lac
    Space required Not Required - Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • About:Fab Fresh Laundry starts in 2015 at the residence of the..
    Locations looking for expansion Karnataka
    Establishment year 2015
    Franchising Launch Date 2016
    Investment size Rs. 5lac - 10lac
    Space required 200 - 700 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Urban District Karnataka
  • Sports & Gaming
    About UsThe Amazing Escapes is an exciting and unique escape..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • About:M Bar & Kitchen is something of a landmark in..
    Locations looking for expansion West Bengal
    Establishment year 2014
    Franchising Launch Date 2016
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 2500 - 3000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Kolkata West Bengal
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities