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when? Tuesday, July 22, 2008 1:44:48 PM 
Wine glut looming for India

India’s major wine producing state, Maharashtra, has produced a record vintage with 21m litres of wine produced, as compared to 13m litres last year. The increase is due to new acreage at India’s existing wineries, plus the emergence of several new wineries. While production is growing, sales have not kept pace, and even with the projected tripling of current consumption over three years, there is still likely to be excess wine in the system. (Source: Wine Business International)

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