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


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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~ by Liz Palmer on November 29, 2011.

2 Responses to “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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