Consumer Products: Half Full

Why wine prices may go up

Your wine could become scarcer and costlier soon. Incessant rain and hailstorms, in Nashik—the wine capital of India—and other parts of Maharashtra in early October, have damaged the grapes spread over 3,000 hectares of land of 40 wineries in Maharashtra. After excessive heat and early summer, Nashik was hit by unseasonal rains. Maharashtra contributes about 90% of the...

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