Atlanta, GA-based Coca-Cola has entered into discussions with Bangalore, India headquartered Café Coffee Day, which is India's largest coffee house chain, to acquire a significant ownership percentage in the company. Looking to combat changing consumer tastes, Coca-Cola is eyeing the growing coffee market in India to expand its product offerings....
Starbucks Expands Footprint in India
With over 100 stores spread across the metros of Mumbai, Pune, Hyderabad, Chennai, Delhi, and Bangalore over the past five years, Starbucks India, a 50:50 joint venture between India's Tata Global Beverages and Seattle-based Starbucks Corporation, is planning to add 24 new stores this year. CEO Sumitro Ghosh said, "After...
Why is Starbucks a Midget in India?
Coffee Day Enterprises, which owns Café Coffee Day, India’s largest café chain by store size, competes with Starbucks and Barista. It also has outlets in Austria, the Czech Republic, and Malaysia. Quartz reports, Café Coffee Day is all about scale: the company had 1,423 outlets across India and abroad at...
Lavazzo of Italy plans India to be its Number 2 market
For the last several months, I watched reports from the India correspondent of my hometown paper, the Los Angeles Times. The doleful Mr. Mark Magnier, it seemed to me, would wake up in Delhi every morning with a thirst for bad, depressing, ugly or unpleasant news. I wondered if an...
Starbucks announces plans to enter India (again)
Seattle-based coffee retailer Starbucks has announced intentions to enter India more times than Lindsay Lohan has been arrested, Paris Hilton has been embarrassed or Elizabeth Taylor has been married. This time they may be for real. I mocked lightly them in my 2008 book for vacillating on India. In 2007,...