Coca-Cola considers $1B IPO for its Indian bottling arm

Coca-Cola may list its Indian bottling unit, Hindustan Coca-Cola Beverages, via an IPO potentially raising $1 billion. The unit could be valued at ~$10 billion, and the listing may occur next year, though banking assignments are not yet confirmed. The move comes as Coca-Cola’s Indian operations gain momentum amid rising consumption and competition with local beverage firms. If successful, the IPO would be among the biggest in India. Analysts are watching regulatory and valuation dynamics closely.