scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 5,190
Introduction Ballarat wine is a big conglomerate company in Victoria Australia From our vineyards in Hunter Valley in New South Wales and Ballarat in Victoria the company produces a wide selection of table wine sparkling and fortified wine Our wineries are located in our vineyards We continue to invest in Research and Development located in Ballarat The company has been growing since its foundation 24 years ago We will celebrate our silver anniversary next year that is why we will expand our market base to India The company has 3000 employees worldwide We will maintain our reputation as a family-friendly company The company is the second biggest producer of wine in the country with an annual production of 7 million bottles of wine for domestic consumption We have subsidiaries in almost every country in the world namely North America Canada Europe Japan South Korea China and the South-east Asia We choose India as our next priority We will set-up a wholly owned subsidiary by acquiring an existing company in Maharashtra State of India The location of the vineyards is near Kukadi Dam project one of the largest grids made for irrigation purposes It is situated in Pune Nashik highway India is one of the fastest growing wine consumers in Asia Current study shows Ahmed 2004 that wine consumption is on the rise at a rate of 20 per annum Right now growth is impeded by central customs duties that range from 140 to 250 percent on the landed costs of each case of wine imported plus state taxes and label registration fees These are the impediments to the free flow of products By placing tariffs on imported goods government can increase the cost of exporting and licensing Hill 2001 These are the reasons why we choose to establish a wholly owned subsidiary apart from the economic factors In addition 80 of wines sold in India are domestically produced
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA