Costa entered India in 2005, partnering food services company Devyani International Ltd (DIL). At the time, cafe chains were new to Indians, and homegrown chains such as Cafe Coffee Day led the market development. Starbucks opened in India in 2012, partnering Tata Group. However, things have changed and younger consumers are now spending more on coffee, encouraging both domestic and foreign chains to open in top cities.
Esta historia es de la edición October 07, 2023 de Mint Mumbai.
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India in economic sweet spot, inflation to moderate: Moody's
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Incentive engine to drive modern ships
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Cement firms wage war on costs as competition soars
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Saudi Arabia doesn’t have enough money for its futuristic city
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EV adoption is a marathon, not a sprint: Audi India
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India's trade gap with China soars in Apr-Oct
The country's green transition increases reliance on Chinese imports
14 nations eye India's generic drug model
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India urges $1.3 tn annual climate grant
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Over 600 mn cyberattacks daily, AI can secure devices
Microsoft is developing a password-free authentication process to eliminate the risk of breaches
Small businesses ramping up cybersecurity, thanks to AI
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