Abrau-Durso, IndoBevs to produce wine beverages in India

• Russia's Abrau-Durso Group plans to produce wine beverages in India.
• The Russian sparkling wine producer will collaborate with India’s IndoBevs.
• Initial cooperation involves localized production of fruit juice-based wine beverages in India.
• A Memorandum of Understanding was signed during Russian President Vladimir Putin’s visit to India.
• Abrau-Durso considers India an important market with enormous potential for its international strategy.

Why It Matters: Russian wine giant Abrau-Durso entering India impacts local beverage market.