Starbucks' first store in India opens next week at The Palace Hotel of the Taj Mahal
Starbucks (SBUX) officially entered a market long dominated by tea drinks by opening his first Indian branch in a historic building in Mumbai on Oct. 19, local time.
After more than six years of research into the local market, Starbucks is rapidly entering the Indian market, Asia's third-largest economy. "this is probably the most elegant, beautiful and dynamic store in our history," Howard Schultz (left), CEO of the company, said in an interview.
In January 2012, Starbucks formed a joint venture with Tata Global Beverage, a subsidiary of the Tata Group. The company plans to open two more stores in Mumbai next week, one in The Palace Hotel of the Taj Mahal and the other in the Oberoi hotel, and will open in New Delhi early next year.
Coffee houses are a relatively new trend in India, where coffee chains sell cappuccinos and lattes at much lower prices than Starbucks.
(responsible Editor: Leo)
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Vietnam will carry out coffee and rubber planting cooperation with Myanmar. 8000 hectares of coffee trees have aged.
The costs of coffee and rubber cultivation are 200 million guilders per hectare and 50 million guilders per hectare, respectively. The main source of investment funds is bank loans. In addition, the company currently has 25000 hectares of coffee and 20, 000 hectares of rubber. Among them, 8000 hectares of coffee trees have aged and need to be renewed in the next three years. (responsible Editor: coffee Sound)
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Some coffee-growing areas in Kenya will not be able to cultivate by 2050
Scientists warn that climate change will be permanent, so growers may be forced to revolutionize their farming methods, including the types of crops they grow, Kenya's Business Daily reported. Experts predict that some tea and coffee growing areas will not be able to cultivate by 2050. Experts say the dry climate will make it harder to grow in central Kenya.
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