Starbucks, the world’s largest coffee chain, and Nestlé, the world’s largest food company, on Monday said they were getting into a global deal to sell Starbucks coffee products outside its cafes — in shops and supermarkets.
While the deal is likely to be concluded by the end of this year, analysts Business Standard spoke to say the possibility of Starbucks-branded coffee at Indian shops existed.
“I don’t rule that out,” Abneesh Roy, senior vice-president, research, institutional equities, Edelweiss, said. “While timelines have not been indicated for an India launch, the deal actually paves the way for Starbucks-branded coffee to be