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Earnings Development Fueling Liquor Trade’s Premiumisation, Says Pernod Ricard India MD

by Index Investing News
March 7, 2025
in Financial
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“We turned the chief of the market after 30 years of native presence. So three many years is a very long time, and premiumisation, shifting in the direction of luxurious, is the journey. It is a journey that began then, and there may be nonetheless a little bit of a mass market in India, however it’s premiumising quick.”

When requested whether or not Pernod Ricard will plan to develop within the mass market, Touboul replied: “We’re a premium spirit firm. So the mass market, another folks do it very properly, and it is probably not our enterprise. We desire to draw customers and convey them up and we’re an area firm, and I feel there may be an increasing number of demand for native spirits.”



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Tags: fuelingGrowthIncomeIndiaIndustrysliquorPernodPremiumisationRicard
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