Moët Hennessy targets double‑digit growth in India as premiumisation gains momentum

Moët Hennessy, the luxury spirits division of LVMH, is aiming for double‑digit sales growth in India. The company attributes the target to a rising premiumisation trend among Indian consumers. Increased demand for high‑end wines and spirits is driving the strategy. Moët Hennessy plans to expand its distribution network across major cities. The firm is also investing in marketing to boost brand awareness. Executives expect the Indian market to become a key growth engine. Industry observers note that favorable economic conditions support luxury spending. The company will track performance as it rolls out new product launches.