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India Set for Coffee Boom: 100 Stores by 2029
27 Jan
Summary
- Austrian Coffeeshop Company plans 100 Indian stores by 2029.
- India's coffee market saw 12.7% growth last year.
- The brand partners with Franchise India for expansion.
Coffeeshop Company, an Austrian coffee brand, has announced plans to open 100 stores in India by 2029, anticipating that India will soon become its largest market globally. This expansion is a direct response to the dynamic growth in India's coffee consumption and a burgeoning cafe culture. The brand is collaborating with Franchise India to execute this significant market entry and expansion strategy.
The Indian branded coffee shop market demonstrated robust growth, increasing by 12.7% in the past year and is projected to surpass 10,000 outlets by 2030. This rapid expansion positions India as the fastest-growing market in the Asia-Pacific region, driven by its young, urban population seeking premium experiences. Coffeeshop Company is focusing its expansion efforts on major cities including Delhi, Gurgaon, Mumbai, Bengaluru, and Ahmedabad.
