Brown-Forman India MD tracks US trade deal as full-portfolio imports face inflation, tariff risk
MD Gaurav Sabharwal flags India-US trade deal as critical for Brown-Forman's fully imported portfolio. Q4 net sales hit $912M (+2%) but operating income fell 53%. India bets on Woodford Reserve, Herradura premiumisation and slow RTD rollout of Jack & Coke amid 20M LDA additions/year.
Brown-Forman India MD Gaurav Sabharwal is closely tracking India-US trade deal progress, given full-portfolio imports. He flagged inflation pressure on discretionary spend, slow but growing RTD (Jack & Coke) rollout, and portfolio expansion via Woodford Reserve and Herradura.