Pernod Ricard says no to India IPO as premiumisation pours in
Pernod Ricard says no to India IPO as premiumisation pours in is drawing significant interest across the industry.
French spirits giant Pernod Ricard will not list its India business. India remains a critical growth engine for the company. The country is seeing strong premiumisation trends. Pernod Ricard expects continued momentum in India. This performance is despite a global sales dip. The company aims to reduce debt by 2029 without an India IPO.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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