Valle De Vin to pump Rs 30 crore on expansion

Valle De Vin to pump Rs 30 crore on  expansion  Nashik-based wine manufacturer Valle De Vin has decided to invest Rs 30 crore on expansion for increasing product banquet.

The company will spend the money on expanding manufacturing capacity and strengthening its sales distribution network in the country.

Apart from this, the company is also planning to launch exclusive wine bars in Maharashtra which would help promote its brands.

The company intends to add two more wines under the Zampa category Sauvignon Blanc and Cabernet Shiraz -- this month. Further, it would also launch Zampagne (a champagne brand) in two variants, Brut and Rose, later.

The company aims to achieve the sales target of 1 million bottles per annum within next 3 years.

Presently, Vallee de Vin has manufacturing capacity of 500,000 bottles annually