The beverage giant announced Monday that it’s weighing an initial public stock offering for Hindustan Coca-Cola Beverages, which operates as the company’s primary bottling facility in India.
Officials indicated they’re preparing to list shares on the BSE and the National Stock Exchange by 2027, while also considering selling part of their ownership stake in the operation.
The Indian conglomerate Jubilant Bhartia Group finalized its acquisition of a 40% ownership interest in Hindustan Coca-Cola Beverages during 2025.
“The Coca-Cola Company will stay invested in this important bottler and focus on growing our portfolio of global and local brands in India,” said Sanket Ray, Coca-Cola president for India and Southwest Asia and emerging large markets lead.
The soft drink manufacturer has encountered rivalry in India from Reliance’s consumer products brand Campa Cola. Bloomberg News previously reported that such a public offering could assign the bottling operation a value of $10 billion.
