Coffee retail to see Rs 325cr inflow in 3-5yrs

 Majors players like Barista, Costa Coffee, Cafe Coffee Day and Barnie's are already working overtime to expand their presence in the country and implement product portfolio overhauls. Global player Starbucks is all set to make its India debut in 2007.

 The latest to announce big plans for expansion in the Indian coffee retail market is UK-based coffee shop chain Costa Coffee. The company's master franchisee, Ravi Jaipuria Group company Devyani International(DIL), has earmarked an investment of Rs 150 crore to set up 300 outlets in the next five years.

 "We will have 25 outlets by the year-end," Virag Joshi, president and CEO of DIL said. The company is planning to invest over Rs 20 crore in the next one year during which the chain would open 30-35 outlets in Mumbai.