Cafe Coffee Day plans chain expansion in India, overseas

Friday, 19 December 2003, 08:00 Hrs
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NEW DELHI: Café Coffee Day, one of India's leading coffee chains, Thursday unveiled a major expansion initiative of its stores both within the country and abroad.

The chain has already started setting up infrastructure at 10 cities overseas where it has targeted to open at least 50 cafes by June 2004, said a company statement issued here.

The company, however, did not name the cities or countries where it would have its presence.

"The entire international offering will be based on the successful Indian brand in which Café Coffee Day has gathered a lot of rich experience in coffee retailing," said the statement.

Café Coffee Day manages 135 retail outlets in 33 Indian cities.

Naresh Malhotra, director of Café Coffee Day, said the company would open 45 more outlets across the country over the next three months. The company expects to cross the figure of 180 cafés in 60 cities by March 2004.




Source: IANS
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