Pernod Ricard says no to India IPO as premiumisation pours in
Published on: Feb. 22, 2026, 11 a.m. | Source: The Economic Times
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.
