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business/news//Reuters
The company is preparing for a listing on the BSE and the National Stock Exchange in 2027.
Jubilant Bhartia Group bought a 40% stake in Hindustan Coca-Cola Beverages in 2025.
KEY POINTS
Hindustan Coca-Cola Beverages plans to list on the BSE and NSE in 2027.
The company is also considering selling part of its shareholding in the bottling unit.
Bloomberg News reported the potential IPO could value the bottling unit at $10 billion.
The company is preparing for a listing on the BSE and the National Stock Exchange in 2027, it said, adding that it is also exploring the sale of a portion of its shareholding in the unit.
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Indian conglomerate Jubilant Bhartia Group had completed the purchase of a 40% stake in Hindustan Coca-Cola Beverages in 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 beverage giant has been facing competition in India from Reliance's consumer products brand Campa Cola. Bloomberg News reported last year that an IPO would value the Coca-Cola bottling unit at $10 billion.
Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Shilpi Majumdar