Starbucks looks at India
26 July 2005
US-coffee-magnate Starbucks is considering entering the Indian coffee market for the first time.
The Seattle-based company refused to rule out the possibility of new sites in India.
A spokesman said: "We are encouraged about opportunities for Starbucks in India; however, we do not have announcements to make regarding the market at this time."
It's believed the company could be in talks with six potential partners and is considering a joint venture with Indian firms from the retail and lifestyle sectors.
The news comes after the announcement at the start of the year that Costa Coffee intended to build a portfolio of 300 sites in India using a local franchise partner.
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