IN THE NEXT FEW YEARS INDIA WILL REACH ONE OF THE TOP TEN LARGEST CONSUMERS OF CHAMPAGNE ….says Daniel Lalonde of LVMH

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Daniel Lalonde, Chief Executive of LVMH is in India for the first time. Being interviewed at the top floor of Delhi’s recently opened Leela Palace Hotel, he states: “India is acquiring a taste for Champagne. Not only is it the 27th largest consumer of Champagne in the world,” he says. “But I believe that in the next few years India can easily reach the top 10.”

India is doing its bit. A few kilometers south, at the F Bar nightclub, where Lalonde’s company has established a Dom Perignon lounge to promote its luxury Champagne. Indians flush with money frequently a few times a week and spend upwards of Rs35,000 a bottle on bubbly.

Liz Palmer
@champagnehouses

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