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...Jane? We understand that she wants the validation of finally hearing her husband admit he made a mistake. The second wife, Agness (Lake Bell), is a huge disappointment: temperamental, with "a big job," a demanding child who diminishes Stepdad Jake every chance he gets, as well as a feverish desire to get pregnant again. Jake wants to flee, and like a wandering dog he just wants to get back home again...

Author: /time Magazine | Title: It's Complicated: But Not Complicated Enough | 12/24/2009 | See Source »

...Indian market for alcohol - mostly spirits and beer, as well as wine - totaled $14 billion last year, and was one of the fastest-growing alcohol markets in the world. Imports account for only a tiny fraction of that, but with India booming while demand elsewhere stalls, no international beverage company can afford to ignore it. Over the next five years, the Indian market for alcohol is projected to grow at 10% a year - more than in China, the U.S. and Europe combined, according to an estimate by KPMG India. "You've got a sizable population, a growing middle class...

Author: /time Magazine | Title: Tapping into India's Growing Alcohol Market | 12/23/2009 | See Source »

...What they're drinking, however, are well-established Indian brands, not imports. The U.S. exported only about $1 million worth of whiskey to India last year, just 1% of total U.S. whiskey exports and an even tinier fraction of the $7.5 billion Indian whiskey market. Coleman is hoping to change that. In October, his trade group organized a three-city tour of India to introduce Indian consumers to the pleasures of bourbon, rye and other American whiskeys. At the New Delhi event, the New York City bar legend Toby Cecchini, who is credited with inventing the Cosmopolitan, mixed classic cocktails...

Author: /time Magazine | Title: Tapping into India's Growing Alcohol Market | 12/23/2009 | See Source »

...taxes on imported whiskey, not the taste, that prevent it from winning more market share. The import duties begin at 150%, and additional state taxes can add another 150% or more to the price of a bottle. Wine and beer face similar import duties, as well as additional and constantly changing state taxes and regulations. The complexity of the market means that only big producers like Jack Daniels and Jim Beam can afford to make a go in India on their own, and usually only with their premium labels. Although single-malt is a new status symbol in India, Scotch...

Author: /time Magazine | Title: Tapping into India's Growing Alcohol Market | 12/23/2009 | See Source »

...course, the risks of betting on the next big thing are well known to drinks companies. The Chinese market for wine, for example, has failed to live up to its hype. Spurrier says India is different: the high taxes and complex regulations make doing business difficult, but getting into the market is much easier. "The lights in India are on green," he says. And there is a certain camaraderie between domestic and imported wine producers in India, who face the same challenge of getting Indians in the habit of the grape. At events like the one in Mumbai, they came...

Author: /time Magazine | Title: Tapping into India's Growing Alcohol Market | 12/23/2009 | See Source »

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