Indage Woes Not Indicative Of Long-term Industry Worries

The financial woes of leading Indian wine group Indage Vintners - the company faces a winding up order from the Mumbai high court - highlight the vulnerability of high-growth but (currently) low-consumption industries to changing economic fortunes. However, if Indage's woes lead to further investment caution among domestic vintners in the short term, they cannot mask the enormous long-term investment opportunity that the Indian wine market

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