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The Economic Times
The Economic Times
Business

Blue Tokai brews up competition with Starbucks in India’s potential $1.15 billion market: Report

Specialty coffee chain operator Blue Tokai is aiming to more than triple its store count over the next four years, as the Starbucks' biggest India rival doubles down on India's fast-growing premium coffee market, Bloomberg News reported on Wednesday.

The company plans to expand its network from about 240 outlets to 800 by FY30, opening around 120 new cafes this financial year across major metropolitan centres while entering newer markets such as Ahmedabad and Lucknow, co-founder and chief executive Matt Chitharanjan told Bloomberg.

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