US based Coffee giant Starbucks served its first cup of coffee in India, on October 19, 2012. The American global coffee company will serve a Cappucino Cafe Latte for between Rs 95 and Rs. 135 depending on the size of the drink, while iced beverages have been priced between Rs. 115 and Rs. 200.
Currently Cafe Coffee Day serves a Cafe Latte for between Rs. 78 and Rs. 85, with cold beverages costing between Rs. 100 and Rs. 133. Starbucks opened its first store in India on October 19, 2012 at Horniman Circle in South Mumbai. The company has opened its first store in the country in partnership with Global Beverages. The joint venture plans to open 50 stores by the end of 2013.