Archive · 18 Sep 2025
United Spirits MD: India to Be the Consumer Market of the Next Decade
The CEO of United Spirits, Praveen Someshwar, believes India will be the biggest market for people who buy things in the next 10 years.
He says India has good things like a growing middle class and a strong economy.
United Spirits, a company that makes alcohol, is also doing well with many popular brands.
The company plans to make even more money by selling more products and focusing on selling more premium products.
Over the next five years, they are aiming for their revenue to increase by at least 10% each year.
Praveen Someshwar, MD & CEO of United Spirits, sees India as the leading consumer market for the next decade.
He cites India's demographics, middle-class growth, and GDP as positive indicators.
United Spirits has a strong portfolio of brands including several that generate over ₹100 crore.
The company's strategy focuses on portfolio development, social engagement, and future-proofing.
Someshwar aims for double-digit revenue growth and increased premiumization.
- Who
- Praveen Someshwar, MD & CEO of United Spirits.
- What
- States that India will be the most important consumer market of the next decade.
- When
- In the next decade.
- Where
- India.
- Why
- Due to favorable demographics, growing middle class, and GDP growth.
- Company
- United Spirits
- MD & CEO
- Praveen Someshwar
- Revenue
- $1.5 billion (approx.)
- Focus
- Double-digit revenue growth, premiumization
- Diageo India Brands
- 3 x ₹1,000-crore brands, 3 x ₹500-crore brands, 4 x ₹100-crore brands