|
F&B
Indian coffee retailers brew global ambitions
Neeti Mehra - Mumbai
In
a bid to conquer the lucrative yet highly competitive international retail coffee
market, Café Coffee Day and Barista Coffee Company are brewing ambitious
international expansion plans, while Mocha - Coffees and Conversations is planning
its maiden international plunge, on the back of outlets designed with plush
interiors and menus having an international appeal.
With a presence in Sri Lanka and Dubai, Barista is now targeting 20 new international
outlets by this year-end, which includes Bangladesh, Bahrain, Qatar, Oman and
Kuwait. Voicing the company's expansion plans, Partha Duttagupta, CEO, Barista
Coffee Company, says "Barista has an advantage in the Middle-East with
a presence of a sizeable Indian population, familiar with the product. Our approach
will be to appoint a single franchiser in each country for both our brands Barista
Espresso Bar and Barista Crème." The coffee major will consider
foraying into South-East Asia within a year, followed by Europe. Close on its
heels, Bangalore-based Café Coffee Day is poised to expand in German
speaking and East European countries. Currently having one outlet in Vienna;
and the second scheduled to open by August end this year. Naresh Malhotra, director,
Café Coffee Day says "Our strategy is hinged on penetrating the
European market, albeit a difficult one, which will be an incredible learning
experience. This region witnesses a high density of coffee consumption. We have
already located many sites, and in most instances real estate value is lesser
than as compared to metro cities in India, plus realisations from international
outlets are nearly six times greater than those of their Indian counterparts.
We should be opening 20 outlets by this year end." While the group has
dropped the redundant 'Café' from its name for the well-versed international
segment, the cushy interiors and menu will also not be reminiscent of its Indian
counterparts, he asserts. Not to be left behind, Riyaaz Amlani, CEO - Mocha
Coffees and Conversations revealed that within six months the group would announce
its international foray in Dubai, Sri Lanka and Singapore, through a joint venture
route.
"We would offer our patrons a taste of exotica in the look and feel of
the café under the brand 'Mocha Coffees and Conversations,' the equipment
and regular coffee will be sourced from India. By the end of 2008, we will have
10 outlets in our international portfolio," he adds.
|