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New Delhi: British coffee chain Costa Coffee plans to add 40 to 50 stores in India every year over the next four to five years as it expects greater demand for specialty coffee, especially among the youth..
The chain, owned by Coca-Cola Co., now considers India among its 10 priority markets, said Philippe Schaillee, Costa Coffees global CEO. ..
Costa entered India in 2005, partnering food services company Devyani International Ltd (DIL)..
. Schaillee said per capita consumption of coffee in India still low at about 20 to 30 cups per annum, against the global average of 200 cups..
As Indias coffee market is growing at double the average of the world, it will continue to grow to the top 15 position to top 10 position over the next decade," he added..
