Another significant competitor in the coming years could well be the global coffee giant Starbucks. In June 2007, Starbucks put its India plans on hold because of foreign direct investment regulatory issues. But India is too big a market for Starbucks to ignore. In a press statement, Starbucks said: "Starbucks is reviewing all options and evaluating how we can proceed related to our entry into one of the fastest-growing economies in the world. We remain excited about the great opportunities that India presents to Starbucks."