India priority market for Costa Coffee: Global CEO
Business Standard|October 07, 2023
India is among the top 10 priority markets for British coffee chain brand Costa Coffee, where it would add around 40-50 speciality coffee stores every year
AKSHARA SRIVASTAVA
India priority market for Costa Coffee: Global CEO

Costa Coffee, which entered India in 2005, is a subsidiary of the Coca Cola company. It operates in the country through its franchise partner Devyani International.

"We have a partner, which is committed to growth. Our plan is to open 40-50 new stores every year. If we see opportunities to do more, we will do it," said Philippe Schaillee, global chief executive officer, Costa Coffee at a media roundtable on Friday.

The brand opened its 150th store in India in New Delhi on Thursday.

It also announced its partnership with multiplex chain PVR-INOX. It is also banking on its partnership with the ICC Men's World Cup to capture a bigger piece of the pie.

Denne historien er fra October 07, 2023-utgaven av Business Standard.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra October 07, 2023-utgaven av Business Standard.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA BUSINESS STANDARDSe alt
Business Standard

Nearly ₹1 trn unspent welfare funds lying in states' accounts

Funds to the tune of ₹1 trillion for centrally sponsored schemes are lying unspent in the single nodal agency (SNA) accounts of states.

time-read
1 min  |
February 18, 2025
Govt plans to raise deposit insurance beyond ₹5 lakh
Business Standard

Govt plans to raise deposit insurance beyond ₹5 lakh

A proposal to increase deposit insurance is being considered and the finance ministry will notify it once the Cabinet takes a decision, said M Nagaraju, secretary, financial services, Ministry of Finance, on Monday.

time-read
1 min  |
February 18, 2025
₹1,400 cr. Industrial Push: MP Targets Jobs, Growth & Global Investors
Business Standard

₹1,400 cr. Industrial Push: MP Targets Jobs, Growth & Global Investors

Aims at generating 20 lakh jobs in five years and increase GDP to ₹6 lakh crore by 2030

time-read
1 min  |
February 18, 2025
Business Standard

India delivering 'good returns': FM on FII selloff

Choppy markets, dropping valuations make post-IPO exits via block deals challenging

time-read
2 mins  |
February 18, 2025
Govt weighs LPG subsidy for OMCs as losses mount
Business Standard

Govt weighs LPG subsidy for OMCs as losses mount

As cooking gas underrecoveries soar, Centre considers ₹40K cr mid-yr payout

time-read
2 mins  |
February 18, 2025
Smallcaps in free fall: More pain ahead?
Business Standard

Smallcaps in free fall: More pain ahead?

Meltdown raises concerns of a full-blown capitulation

time-read
2 mins  |
February 18, 2025
Trade deficit widens to nearly $23 billion in Jan as exports shrink
Business Standard

Trade deficit widens to nearly $23 billion in Jan as exports shrink

India's merchandise trade deficit widened to nearly $23 billion in January, compared with $16.5 billion a year earlier, as the value of exports dropped amid subdued demand for petroleum products and global economic uncertainties.

time-read
2 mins  |
February 18, 2025
Business Standard

Embedding Sustainability in Organisational DNA

> K Vijay Vardhan Rao, Senior President Marketing, Maha Cement, highlights the unique steps taken to weave sustainability into the brand fabric

time-read
2 mins  |
February 18, 2025
A Case Of Kilos
Business Standard

A Case Of Kilos

Global pharma majors are looking to cash in on India's obesity crisis, but weight-loss drugs demand time and money

time-read
5 mins  |
February 18, 2025
Reviving manufacturing growth
Business Standard

Reviving manufacturing growth

Ensuring manufacturing growth consistent with our development aims requires the government becoming less entrepreneurial and the corporations becoming much more entrepreneurial

time-read
5 mins  |
February 18, 2025