Hotline: 1800 102 2007
X
Search Business Opportunities
Jul, 08 2014

Starbucks eyes Chennai foray

May face stiff competition from domestic players.

Starbucks plans to enter Chennai, the coffee-crazy city today by launching three outlets. Experts on the new development said, to do well, Starbucks will not only have to contend with some stiff competition from traditional names such as Madras Coffee House, it will also have to jostle with the various Kumbakonam degree coffee outlets dotting the city. Added to this, it will also be vying for space with upmarket rivals Cafe Coffee Day, Costa Coffee and Gloria Jean's.

Coffee consumption in India stood at 90,000 tonnes in calendar year 2013. Of this, Tamil Nadu accounts for more than 40 percent. "Chennai is and will definitely remain the hardcore coffee market in India," said Ramesh Rajah, President of Coffee Exporters' Association of India.

Starbucks ventured into India with an equal-stake joint venture between Starbucks Coffee Company and Tata Global Beverages. It rapidly scaled up and opened 12 Starbucks stores during 2012-13 in Mumbai and New Delhi. As of July, it has 49 stores in India.

Comment
Related opportunities
  • Professional Education Colleges
    About:  Ruskin College of Business studies (RCBS) is one of the..
    Locations looking for expansion Tamil nadu
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 0
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Chennai Tamil nadu
  • About Willow Spa:-Willow Spa helps you escape every day Hustle..
    Locations looking for expansion Tamil Nadu
    Establishment year 2014
    Franchising Launch Date 2017
    Investment size Rs. 30lac - 50lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Chennai Tamil Nadu
  • Men's footwear
    About Us:  Leatherworld  is one of the fastest growing chains of..
    Locations looking for expansion New Delhi
    Establishment year 1950
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Snacks / Namkeen shops
    About : • Established in the year 1992, National Chikki is..
    Locations looking for expansion Maharashtra
    Establishment year 1992
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts