India and the European Free Trade Association (EFTA) bloc, comprising Iceland, Liechtenstein, Norway, and Switzerland, have signed a trade and economic partnership agreement (TEPA). The agreement is expected to enhance trade and investments between the two regions, with the phased removal of customs duties on various high-quality Swiss products over seven to ten years. Key […]
Tata Starbucks unveiled its plan to operate 1,000 stores in India by 2028, translating to the opening of a new store every three days. The strategic vision, articulated on Tuesday, revolves around empowering local partners with skills for employment, creating new stores designed to offer customers an elevated experience, and promoting Indian-origin coffee globally. Established […]
Exports from India to Australia have grown by 14 per cent to USD 5.8 billion in April-November this fiscal year due to the strong growth of various sectors, such as engineering, pharmaceuticals and electronics, according to a senior official’s statement on 29 December. The interim free trade agreement implemented on 29 December last year has […]
Tata Coffee, a Tata Group company, is set to finalise its merger with Tata Consumer Products (TCPL) and Tata Beverages and Foods (TBFL) on Monday, as per the company’s stock exchange filing. The record date for determining the shareholders entitled to receive TCPL’s equity shares post-demerger and amalgamation is 15 January. The company’s BSE filing […]
Roastery Coffee House is expanding its legacy to Finland. The expansion plans are already in motion and began with a stellar 3-day coffee pop-up event in Helsinki on the 15,16 and 17 of December 2023, held at ISO Roobertinkatu 30. Nishant Sinha, Founder of Roastery Coffee House commented, “This is more than just coffee; it’s […]
Nestle India on Thursday reported a 36 per cent increase in consolidated net profit to Rs 908 crore for the September quarter of the financial year 2024 (FY24) as compared to Rs 668.3 crore a year ago. The total revenue of the company stood at Rs 5,036 crore, climbing 9.6 per cent from Rs 4,591 […]
PVR Inox, the multiplex chain, has forged a strategic partnership with Devyani International, the franchisee of Costa Coffee, to offer premium coffee at selected upscale properties. In a regulatory filing, PVR Inox stated, “PVR INOX Ltd has entered into an arrangement with Devyani International Ltd on October 4, 2023, for introducing Costa Coffee’s handcrafted hot […]
The era of sipping artisanal coffee has seamlessly merged with the realm of art, transforming cafes into havens for artists to not only unwind but also expand their creative horizons. Art cafés are places that combine a traditional café with an art gallery or creative space. These spaces offer a unique and relaxing atmosphere for […]
The global coffee industry has seen remarkable expansion in recent years, with growing demand for coffee surging by 28.6 million kilogram bags, far exceeding production, Vanusia Nogueira, Executive Director, International Coffee Organisation told BW Retail World. In the past three years, coffee production and consumption have surged, leading to a deficit in the market, she […]
Tim Hortons, the well-known Canadian coffee chain, opened its outlet in Bengaluru, India. “Recognising Karnataka as the coffee capital of India, contributing over 70 per cent of the nation’s coffee production,” the brand said in a media release. This expansion will include openings at Terminal 2 of Kempegowda International Airport and in the Koramangala neighborhood. […]
