| | NOVEMBER 20234With a population of 140 crore people, India is a decisive market for almost every consumer product. Coffee and tea are no different. It's no wonder that global coffee brands want to invest more in India. Nestlé's plan to pour more money into coffee mugs in India is an example. In a recent interview with Mint, David Rennie, deputy executive vice-president and head of Nestlé Coffee Brands, said, "We absolutely do see a huge growth potential in India. That's why we are investing to double the size of the factory. I don't want to speculate where we'll be in five or ten years, but we know we'll need more capacity. India's coffee market is expanding, with the company gaining market share due to launches such as ready-to-drink cold coffee and frappe mixes". CEO Insights recently interviewed an entrepreneur duo from the coffee industry, Nagesh Rao and Sindhu Rao, co-founders of Beverich, an authentic South Indian Filter Coffee and Tea brand focused on the corporate segment. When asked about the market, Nagesh said, "We anticipate a sustained increase in the demand for fresh beverages, particularly coffee and tea, within workplaces. Organizations prioritize on-site incentives, and high-quality beverage offerings have become a central strategy. Moreover, the workplace demographic is rapidly diversifying, leading to evolving beverage preferences. For example, there is a noticeable increase in coffee consumption among North Indians". According to Statista, the Indian coffee industry is expected to reach a value of $1.3 billion by 2025 and grow at a CAGR of 8.9 percent from 2020 to 2025. The time couldn't be any better to publish our yearly special issue based on the coffee and tea industry.Sujith VasudevanManaging Editoreditor@ceoinsightsindia.comTo Better Coffees and Bigger Markets EditorialVol 04 · Issue 5 - 1 · NOVEMBER, 2023 Publisher Alok Chaturvedi Managing Editor Sujith Vasudevan Senior Designer Girisha M Visualizers Antony Arnold F Hari Sankar P NoidaRohit Raghubanshi Garima Anandadvertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comAdvertising ManagersAbhay Katiyar To subscribeVisit https://www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comMagazine Price is Rs. 150 per issuePublisher Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of Info Connect Web Technolo-gies India Pvt. Ltd., and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2023 Info Connect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.VP - Sales & Marketing Amrit SinghCirculation Manager Magendran Perumal Editorial Keerthana Kantharaj Tejaswini P Roopalatha H Hima P. M. | |SEPTEMBER 20192Consultants ReviewWe don't create ads,we create brandsA Design and Technology consulting company with proven compentency in Branding, Mobile Application and Web Application Development with creative concept development, Film-making, UX/UI designing, Graphics Designing & Web Designing.TALENTED MINDS, WE ARE HIRING!iOSAndroidWebUX / UIBrandingTALK TO US FOR CUSTOM QUOTE +91 70499 03333 | info@corporatemotionpictures.in
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