Tata Consumer Products Ltd.

BSE: 500800 | NSE: TATACONSUM
Large Cap | Tea/Coffee
1163.30
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Tata Global Beverages’ JV planning to add 10 new stores in next two months

Date: 11-02-2019

Tata Starbucks, a 50:50 joint venture between Tata Global Beverages and Starbucks Coffee of the US, is planning to add up to 10 new stores in the next two months. The addition of new stores will take the total count to around 145 outlets.

The premium coffee chain is increasing the number of roll outs as it is getting overall good consumer response.

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.