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The Economic Times

Economy / The Economic Times

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Pernod Ricard expects H2 growth to stay resilient despite tax headwinds

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.

22 Feb 2026 11:00 am