Pernod Ricard India CEO on Royal Stag's 30-year climb to world's largest-selling whisky

Jean Touboul says Royal Stag now sells 32.6 million cases, with India contributing 13% of Pernod Ricard's global net sales. He outlines premiumisation, new launches like Seagram's Xclamat!on, and a Gen Z experience-led strategy.

— Source publishedFri, 17 Jul, 2026, 05:30 IST·First seen Fri, 17 Jul, 2026, 05:58 IST·Source Financial Express · BrandWagon

What happened

Pernod Ricard India CEO Jean Touboul discusses Royal Stag's 30-year milestone as world's largest-selling whisky (32.6M cases), India contributing 13% of global

Key facts

  • 13% of global net sales
  • 32.6 million cases
  • 30 years
  • 1 million cases before 2001
  • 10 million cases by 2010
  • launched 1995

Why this matters

Pernod Ricard's India dominance and new-brand pipeline set a high bar for acquisition targets and partnership plays in the region's premiumising whisky market.

What to watch

  • State excise and duty revisions in key markets (Maharashtra, Karnataka, Telangana)
  • Pernod Ricard quarterly India net-sales share vs 13% baseline
  • United Spirits/Diageo premium counter-launches
  • Gen Z consumption trend data and moderation signals
  • New-launch velocity and repeat-purchase rates for Xclamat!on
  • Expand Xclamat!on and premium SKUs into tier-1 metros with experience-led activations
  • Deepen Gen Z engagement via non-alcoholic surrogate branding and event marketing
  • Invest in local sourcing/bottling to hedge input and excise costs
  • Push exports of Royal Stag to leverage 'world's largest-selling' claim