16/04/2026
India's biggest wine maker, Sula Vineyards, has bought the 19-acre Chandon India winery in Dindori, Nashik, for ₹200 million (~US$2.16 million), resulting in LVMH's ( Moët Hennessy is the wines and spirits division of the luxury goods group LVMH, managing 25 prestigious Maisons, including Moët & Chandon, Hennessy, V***e Clicquot, and Krug. Known for exceptional Champagnes, cognacs, and wines, the company operates globally, focusing on heritage, terroir, and innovation). departure from the Indian wine industry. The acquisition encompasses the land, structures, and equipment, allowing Sula to expand its wine tourism offerings. The Chandon brand will remain intact following the transaction.
https://www.thedrinksbusiness.com/2026/04/lvmh-sells-indian-winery/ #:~:text=Sula%20Vineyards%20will%20acquire%20the,visitor%20centre%20and%20banqueting%20facilities.
LVMH’s wine and spirits division is ending local production in India after more than a decade of making Chandon sparkling wine in the country. Sula Vineyards will acquire the winery as part of its expansion into wine tourism.