According to the ASSOCHAM analysis, the Indian wine market (in value terms) stood at Rs. 800 crore as in 2008 is likely to touch Rs. 2700 crore mark by the end of 2012, based on relevant information supplied to the chamber by various wine producers. Wine consumption in India is likely to reach around 14.7 million litres by the end of 2012 from around 4.6 million litres in 2008 registering a growth of 35 per cent during the course of past 4 years, says an analysis of the Associated Chambers of Commerce and Industry of India (ASSOCHAM).