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November 2008 - Posts
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Dhall and Nash Fine Wines is an Owner Operated Company set up by Puneet Dhall and Brandon Nash. Currently the Company Operates in New Zealand. Dhall and Nash has two main thrusts to its business
1. Acting as Agent and Distributor for a Large Number of Premium Wineries from both within New Zealand and also Globally
2. Importing on Demand for Customers’ the finest wines from around the world.
On Dec 02 to 04, Dhall and Nash are bringing a Number of Wines from the New Zealand Section of their Portfolio to the IFE Trade Show in Delhi at Pragati Maidan.
For a Brand to enter into the Dhall and Nash Portfolio, it must pass several stringent criteria. These Criteria are not easy Hurdles for a wine to pass, with the end result that only the Highest Quality wines are selected for Portfolio Entry.
The Criteria include:
1. Taste -Meeting Classic and New Found Customer Palate requirements, and passing Dhall and Nash’s strict requirements
2. Price – Offering outstanding Quality at Price Points identified
3. Diversity of Portfolio – Offering a Breath of Terroir, Philosophy, Variety and Style, to meet current trends.
4. Differentiation – Each Product represented within the portfolio must offer a differentiating factor from other wines, be it within taste, price or some other factor such as being Single Vineyard Wines.
Dhall and Nash will be bringing Eight New Zealand Producers to the show and a Total of 21 Different Wines to the Show all of the highest Quality.
Of these wines, Dhall and Nash Entered Nine of the Wines into the Indian Wine Challenge held this month in London and Delhi. Of the Nine Wines Entered all wines received accolades with a Gold Medal going to The Spinyback Sauvignon Blanc from Marlborough
Some of the best wines in the portfolio were not entered as Dhall and Nash will let them speak for themselves at the show. New Zealand’s purity and diversity will undoubtedly wow many people.
The Table Below shows the Medal Winners from the Indian Wine Challenge.
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Indian Wine Challenge 2008 |
Country |
Vintage |
Wine Description |
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Gold |
New Zealand |
2008 |
Spinyback Sauvignon Blanc |
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Bronze |
New Zealand |
2007 |
Gladstone Wairarapa Pinot Noir |
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Bronze |
New Zealand |
2006 |
Lowburn Ferry Central Otago Pinot Noir |
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Bronze |
New Zealand |
2008 |
Spinyback Pinot Gris |
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Bronze |
New Zealand |
2007 |
Spinyback Pinot Noir |
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Bronze |
New Zealand |
2007 |
Waimea Barrel Selection Pinot Noir |
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Bronze |
New Zealand |
2008 |
Waimea Estates Pinot Gris |
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Seal of Approval |
New Zealand |
2007 |
Gladstone Wairarapa Sauvignon Blanc |
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Seal of Approval |
New Zealand |
2008 |
Waimea Estates Sauvignon Blanc |
The Table Below Shows the wines that will be on Display at the IFE Show.
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Vintage |
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Wine Description |
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2008 |
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Spinyback Sauvignon Blanc – Nelson Region |
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2008 |
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Spinyback Pinot Gris– Nelson Region |
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2007 |
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Spinyback Pinot Noir– Nelson Region |
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2008 |
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Waimea Estate Sauvignon Blanc– Nelson Region |
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2008 |
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Waimea Estate Pinot Gris– Nelson Region |
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2007 |
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Waimea Estate Barrel Selection Pinot Noir– Nelson Region |
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2006 |
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Lowburn Ferry Pinot Noir – Central Otago Region |
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2007 |
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Desert Heart Chardonnay– Central Otago Region |
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2006 |
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Desert Heart Pinot Noir– Central Otago Region |
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2006 |
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Bushmere Estate Classic Chardonnay – Gisborne Region |
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2006 |
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Bushmere Estate Unoaked Chardonnay– Gisborne Region |
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2007 |
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Bushmere Estate Gewurztraminer– Gisborne Region |
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2007 |
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Gladstone Vineyards Sauvignon Blanc – Wairarapa Region |
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2007 |
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Gladstone Vineyards Pinot Noir– Wairarapa Region |
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2008 |
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Gladstone Vineyards Rose– Wairarapa Region |
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2008 |
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Summerhouse Sauvignon Blanc – Marlborough Region |
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2007 |
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Summerhouse Chardonnay– Marlborough Region |
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2006 |
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Summerhouse Pinot Noir– Marlborough Region |
Puneet Dhall will also be Holding a Master Class with the Australian Counterpart, on New Zealand/Australian Wines. This will be on 3rd December at 14:30 at the IFE Show in Delhi.
The following wines will be presented at the Master class.
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Vintage |
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Wine Description |
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2006 |
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Unison Syrah – Hawkes Bay Region |
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2003 |
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Waimea Estate Aged Sauvignon Blanc– Nelson Region |
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2007 |
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Lowburn Ferry Pinot Noir– Central Otago Region |
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NV |
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Summerhouse Blanc de Blancs – Marlborough Region |
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If you shall be attending the IFE Trade Show in Delhi Next week, Dhall and Nash looks forward to meeting you and sharing a glass of New Zealand’s finest with you.
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Out of a total of 185 medals, Indian wines bagged eight medals including five bronze and three silver medals at the India Wine Challenge 2008, held recently at Hayatt Regency in New Delhi. Silver and Bronze
Chateau Indage Marquise de Pompadour, Chateau D’Ori Cabernet Merlot
2007 and Sula 2008 Late Harvest Chenin were the Indian wines which won
silver medals, while Grover Cabernet Shiraz, Indus Vineyards Cabernet
Sauvignon, Nine Hills Shiraz Rose, Sauvignon Blanc and Sula Blush
Zinfandel received bronze medals. Robert Joseph, founder of the London International Wine Challenge,
chaired the judges panel. The panel consisted of international wine
producers like Gina Gallo from Gallo family vineyards in California,
Vanya Cullen, a wine maker from Australia, John Forrest, a wine
producer from New Zealand, Mike Ratcliffe from Warwick Estate and
Vilafonte in South Africa, Roberto Bava, a Italian wine producer,
Subhash Arora, President, Indian Wine Academy and Magandeep Singh,
India’s first French-certified sommelier. More: Hospitality Biz
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German wine-maker, Langguth Wine and Spirits, is looking for an Indian partner to set-up a joint venture in the country.
One of the leading wine-makers of Europe, Langguth has its joint ventures across the globe and now it wants to make India, its next stop-over, “we are looking in that direction like we did in South Africa, like we did in Spain, North Africa, Chile and the United States”, says the Executive Director of the company, Helmut G Seibert.
Famed for its international wine brand ”Blue Nun” across the globe, the sixth generation wine-maker from the Mosel region of Germany today launched two of its most popular wine brands Blue Nun from Germany and Kaya from South Africa in the Indian market.
An Indian company, “Natures Bounty Wine and Allied Products Private Limited” has collaborated with the German major to market these brands in the country. “Nature’s Bounty, they are already in the business of growing fruits and they may decide to grow grapes as well and may be this is the company we want to go with”, says Seibert.
More: Thaindian News
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Australian Trade Commission (Austrade) in association with Singapore Airlines and Tourism Australia will organise a three-city Australian Seafood and Wine Festival in India. The first one has got underway in The Oberoi, New Delhi and will last till the 15th of November. The promotion will be on offer at the hotel’s ‘threesixty’ restaurant for both lunch and dinner.
The next two will also be held in the Oberoi properties in Mumbai and Bengaluru. Along with a variety of seafood from Australia, some of the finest wines from well known wine growing regions of Australia, like Margaret River, Yarra Valley, and Hunter Valley will be showcased during the festival.
Michael Carter, Trade Commissioner, Australian Trade Commission, says: the festival is a first of its kind initiative to promote and launch Australian seafood and wines in the burgeoning organised fine dining hospitality sector in India.
This is part of the Australian Government's ‘Utsav Australia’ programme to raise awareness about the capabilities of different Australian industries in potential markets. These promotional festivals would be supported by concerted public relation exercise through all channels possible both in Australia and India. The Trade Commission is having talks with select group of five-star properties in India to host similar festivals in the future. More: Hospitality Biz
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Quarterly Analysis
Champagne Indage: Good results. India’s largest and oldest wine Company announced 40% increase in sales and 35% rise in net profit. Crisis and alcohol are inseparable. I am a strict teetotaller but as an investor, I prefer these companies. Company is expecting 75% top line growth in the next quarter. Company is on expansion mode in recent days despite credit crisis.
CMP: 146; P/E: 5.4; Book value: 177. More: Stock Market Guide
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Italian wine-maker Roberto Bava is in India through Finewinesmore, to judge the India Wine Challenge in Delhi next week, and to promote his wine. Pioneers in the Barbera variety of local grape, the Bavas are known for such revolutionary wines like the Rosetta, the Stradivario and the Barolo — a sought after brand in the international wine market.
Inspired by Keith Jarret’s 1979 performance at the Montreal Jazz festival, Bava returned to his native Asti, in the Piedmont region of Italy, with a grand idea. “At that time my father was restoring one of our older cellars. My brother and I asked him to let us host classical music concerts in the cellar,” he recalls. Musicians performed for entire days at their cellars and kept trying different wines. As the day progressed, the musicians identified certain compositions or instruments with certain wines.
Now, Bava’s wine estate boasts of a steady stream of musicians performing classical and jazz music at their vineyard, which now has two dedicated jazz halls.
Bava regrets the elitism attached to wine consumption in India. “My own wine is too expensive for me to afford here. I hope that changes in future.” More: Express India
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Champagne Indage Ltd. plans to acquire more overseas wineries this fiscal year, seeking bulk wine exports to the UK and the US, even as it raises fresh capital from a possible sale of foreign currency convertible bonds, or FCCBs, and other financial instruments.
Indage had earlier agreed to buy Loxton Winery from Australian Vintage Ltd for 60 million Australian dollars (Rs204 crore), but the deal has been delayed because of Champagne Indage’s failure to get the financing in place, Sydney Morning Herald reported on 25 October. “We are completing various procedures required. Because of that we are delaying the completion of (the acquisition of) Loxton, nothing else,” Champagne Indage’s chief financial officer Rajesh Chalke said.
Champagne Indage, whose brands include its flagship Marquise de Pompadour, Chantilli and Riviera wines, was set up in 1982 as a 100% export-oriented unit. The company, whose products include red, white and sparkling wines, exports its labels to 69 countries, according to its website.
The Pune-based company is defying tight credit markets worldwide to pursue expansion, after completing the purchase of two wine makers abroad in the past 18 months and agreeing to buy a third. “There may be certain timeline delays, but there are another three acquisitions planned for the year,” said Ranjit S. Chougule, managing director of Champagne Indage. Champagne Indage aims to maintain growth of 40-60% in turnover, partly through acquistions overseas. The company logged consolidated revenue of Rs250 crore for the year to March 2008.
More: LiveMint
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The volume of the imported wine market in India stands at 1,80,000 cases annually in which Australia has a 25 per cent share, shares Australian Trade Commissioner Michael Carter.
"We are looking at ways to increase this share notwithstanding some of the challenges like high import duties," he said. "We are working with Australian wine companies to increase market share here. They are looking at partnering Indian wineries for technology and skill transfer as well," Carter said.
Meanwhile, Australia has formed a special task force to work out details on a free trade agreement with India, and is negotiating with India for a reduction in import duties on wines.
More: Zee News
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The World Trade Organisation’s appellate body has ruled in favour of an appeal made by the US against the high customs dutes imposed by
India on wines and spirits. The ruling will, however, not impact the duties and prices of imported liquor in India. These were already lowered as per commitments made to the WTO last July following complaints from the EU and the US.
The EU and the US had appealed against the customs duties (ACD) imposed by India on wines and spirits over and above the basic customs duties to offset state taxes
imposed on domestic liquor. India decided to withdraw the ACD in July last year, reducing its customs duty to 150%.
India, however, is concerned about a fresh complaint made by the EU against the states like Goa, Maharashtra and Tamil Nadu. These states levy much higher taxes on imported liquor compared to the domestically produced variant and this goes against the WTO concept of national treatment, according to the complainant. The Centre is talking to the states concerned in an attempt to resolve the issue.
More: The Economic Times
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