Fine wine from Bordeaux and Burgundy is set to become an even more valuable investment in 2011, it has been claimed.
Indian investors will begin examining potential Bordeaux and Burgundy acquisitions, with the asset being likened to "liquid gold", according to the Business Standard.
Wine investment expert Sonal Holland told the publication that wealthy Indian businesspeople are increasingly eyeing wine investment opportunities, with Chateau Lafite Rothschild proving a favourite.
"There has been a lot of interest and business coming from business industrialists, CEOs, business leaders, investment bankers and also luxury hotels that are very keen to make available valuable wines to their patrons," she said.
Drayton Capital now estimates that the fine market is worth $2-3 billion (£1.2- 1.93 billion) annually.
Christie's head of wines Charles Curtis recently told the Sydney Morning Herald that fine wine investment opportunities are proving to be "recession-proof", with values set to continue rising well into 2011.