Tata Starbucks, a 50:50 joint venture (JV) between Seattle-based coffee store chain Starbucks and Tata Global Beverages, is planning to expand its stores. It inaugurated its 100th store in India in Mumbai on October 24 and announced its plans to open its first three stores in Kolkata in early 2018.
Starbucks operates in 28,000 stores across 75 markets in the world. In India, it now has 100 stores spread across six cities. Starbucks opened its first store in India in 2012 in Mumbai’s Horniman Circle.
Tata Global Beverages is a global beverage business with a brand presence in over 40 countries. The company has significant interests in tea, coffee and water and is the world’s second largest tea company.
Company Name | CMP |
---|---|
Tata Consumer Produc | 1059.30 |
CCL Products (India) | 572.75 |
Mcleod Russel | 24.05 |
Goodricke Group | 167.60 |
Jay Shree Tea | 96.70 |
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