Orkla, the Norwegian industrial investment company, is exploring the possibility of launching an initial public offering by 2025 for its Indian unit, which owns spices and condiments brands MTR and Eastern, according to its country head. Besides, the company is expanding its global sales targeting the growing Indian diaspora abroad and expects its international business to contribute 20 per cent in 2024, Orkla India CEO Sanjay Sharma said. Moreover, it is also expanding its play in the food market by entering into cold chain-based food products such as 'idli' batter and also entering into regional delicacies. When asked about the IPO, Sharma said: "It is too early for us. The board had done a pre-IPO study and based on that it asked us to explore and evaluate accessing capital markets in India." This happened in late June and July, when there is summer holidays, as far as Europe is concerned. "So this is some work that we will start to do now. As indicated in the statement given b