Starbucks eyes more India cafes, expands roasting capacity there
New York
STARBUCKS CORP wants to go big in India.
The world's largest coffee chain, which has fewer than 100 cafes in the world's second-most populous country, is expanding its roasting capacity in India as it seeks to open a spate of new stores in coming years. Starbucks also will start selling Indian coffee at its Reserve Roastery and Tasting Room in Seattle in a bid to expose US customers to beans grown in the country's Coorg region, said John Culver, president of Starbucks' China and Asia-Pacific Region.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Starbucks points to weaker consumer as profit falls
Restaurant Brands tops estimates as Burger King overhaul pays off
Walmart to shut all health centers in US over lack of profitability
Coca-Cola raises annual sales forecast on global demand, higher prices
Dying salmon trouble Norway’s vast fish-farm industry
Fast-fashion giant Shein wants to sell skincare, toothpaste and toys, too