CHAMPAGNE INDAGE LIMITED
ANNUAL REPORT 2007-2008
MY DEAR SHAREHOLDERS,
AS I WRITE THIS MESSAGE, I AM NOT ONLY COMMUNICATING WITH YOU THE PRECIOUS
MOMENTS OF CORPORATE LIFE OF YOUR COMPANYBUT SHARING THE JOYS OF
After pioneering the wine culture in India under trying circumstances,
limited resources and the absence of any consumer oriented experiences, I
was contemplating a rather peaceful and quiet growth limited to the
domestic market, (which itself is a huge opportunity) and export Indian
wine to the world. On the other hand, other countries in the world
experienced glut of wines and some of the large players reported limited or
negative growth. Under the circumstances, in a very carefully crafted
strategy the management team of your company presented a plan to encourage
expanding the horizons and evolve a global character of the business of
While it is true that the plans have their own challenges, this time around
we have the resources, scientifically evaluated opportunities and the
management team. Most important we have a direct communication with
consumers and we can claim safely that we understand the consumer needs.
Between my last communication and this, a number of milestones have already
been crossed and that is where I want to share the joys of this journey.
However, far from the comforts of cool Sahyadari Vineyards, my role and
responsibility have taken me to all corners of the wine world. In the midst
of our pursuit of being a global company we are very shortly going to cover
the balance distance. It will be at this juncture when your company will
become the global leader of the wine world, completely focused and
committed to create a true multinational Indian Wine Company.
I do hope my plans of enjoying the cool comforts of Sahyadari Valley will
come true, albeit with journey of further 1 or 2 years. Until then I will
continue to enjoy the challenges and building up the organization to meet
with this challenges.
Optimism is my way of looking at the business, struggle is my way of
survival, leading from the front is my way of heading and sharing the love
and joy with my shareholders is my way of taking care. On this monumental
day let me reassure you not only of my commitment but pleasure of taking
the company to the new heights. I seek your wishes and blessings for the
good of the company and the shareholders.