The Brain Bank

As the Indian wine industry continues to grow, Sula Wine has emerged as a leading player in the market. Founded in 1999 by Rajeev Samant, Sula Wine has seen significant revenue and profit growth over the years.

In 2017, Sula Wine reported a revenue of INR 691.6 crore (approx. USD 105 million), a significant increase from the previous year’s INR 558.3 crore (approx. USD 83 million). This growth can be attributed to the increasing demand for wine in India, as well as the company’s successful marketing and expansion strategies.

Sula Wine’s profit has also seen a significant increase in recent years. In 2017, the company reported a profit of INR 63.7 crore (approx. USD 9.5 million), up from INR 51.8 crore (approx. USD 7.7 million) in 2016. This growth can be attributed to the company’s focus on cost control and efficient production processes.

In addition to its strong financial performance, Sula Wine has also gained recognition for its high-quality wines. The company has won numerous awards, including the International Wine and Spirit Competition’s “Best Indian Wine Producer” award in 2015 and 2016.

Sula Wine’s success is a testament to the growth of the Indian wine industry and the company’s dedication to producing high-quality wines. As the demand for wine continues to rise in India, Sula Wine is well positioned to capitalize on this trend and continue its growth in the coming years.