On June 2, Coca-Cola announced its plans to explore a public offering for Hindustan Coca-Cola Holdings Pvt Ltd (HCCH) by 2027, which is the parent company of its largest bottler in India. The company is considering selling a portion of its stake in HCCH as part of the listing process, which will be conducted on the Bombay Stock Exchange and National Stock Exchange of India, pending market conditions and regulatory approvals. Sanket Ray, president of Coca-Cola's India operations, emphasized that this move is crucial for HCCB to leverage growth opportunities in the Indian market. Coca-Cola currently holds a 60% stake in HCCH, following the 2025 acquisition of a 40% stake by the Jubilant Bhartia Group. The bottler, established in 1997, operates 14 plants across 10 states and distributes popular beverages such as Coca-Cola, Thums Up, Sprite, and Fanta. Coca-Cola's sales in India reached 50 billion rupees (around $526.37 million) in 2024-25, the highest since 2021. The company has engaged Rothschild to assist with the listing process.