Pernod Ricard’s new Xclamat!on spirits launch is set to intensify competition in India’s premium alcohol market, says Karan Taurani, Executive Vice-President at Elara Securities. While innovation boosts premiumisation, Radico Khaitan remains the top stock pick. The India-UK FTA could further accelerate luxury spirit demand and improve margins across the alcobev sector.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets