Skip to main content

Posts

Showing posts from October 20, 2011

Coffee chains to battle over India market share

By Cherryh Butler QSR Web October 19, 2011 Gourmet coffee isn't new to India, but American coffee chains are just now starting to brew there. As Starbucks closes in on a deal with Indian coffee company, Tata, Dunkin' Donuts is preparing to open the first of its 500 locations planned for the world's second most populated country. The two major coffee peddlers may have a bit of catching up to do, however; Café Coffee Day and other European chains, including Barista and Costa Coffee, have been supplying India residents with their caffeine buzz for several years. "The coffee shop craze has been quite active in India for a while now, and arguably the U.S. majors are joining the party a little late," said Sandeep Malhotra, a project manager with Technomic. The Indian demand for coffee beans has more than doubled in the last 10 years as overall domestic coffee consumption rose to 108,000 metric tons in 2010, up 80 percemt over a decade, according to Zacks Equity...