Google is the world’s biggest maker of coffee pots and is looking to expand its presence in the Indian market.
The company, which sells its coffee in more than 100 countries, has set up shop in India in 2015 and now has offices in Delhi, Bengaluru, Mumbai, Chennai, Bangalore, Hyderabad, Kolkata, Bangalore and Pune.
Keurig’s India business saw revenue rise from Rs.1,500 crore in 2016 to Rs.8,800 crore in 2019, while the revenue grew by almost 70 per cent year-on-year.
Keurigan’s Chennai business, which includes its coffee pods, has grown from Rs 2,200 crore in the year ended March 2019 to Rs 2.5 lakh crore in March 2020.
Keulig, Keuridan and Keurigi, which has also started producing coffee in India, have been among the largest investors in India’s coffee market.
Keushan, which started its India operations in the early 2000s, said the Indian coffee market has grown significantly since then.
“Keushanki Coffee, which was founded in 2003, is the largest coffee maker in the country with over 8,000 employees.
The company has more than 1,200 coffee shops in India and is planning to launch a 100-tap coffee shop across the country in the next few years,” said an official statement.
The coffee maker, which had operations in Bangalore, Chennai and Chennai, had already invested $1.4 billion ($2.4 million) in the coffee market in India.