Tata Consumer Products Ltd.

Tata Global Beverages’ 50:50 joint ventures (JV) with Starbucks Coffee Company - Tata Starbucks – has continued its expansion in India, with opening of first outlet in Gurgaon, taking its total store count in the Delhi NCR region to eight.

The opening of the new store in Ambience Mall, Gurgaon is part of the company’s ongoing expansion in India, where it plans to open 50 outlets within this year. The JV partners have earmarked an investment of Rs 400 crore for the purpose. Starbucks entered the Indian market in October, 2012 and currently operates 17 outlets across the country.

Tata Global Beverages, formerly known as Tata Tea, is a multinational non-alcoholic Beverages Company headquartered in Kolkata, West Bengal, India and a subsidiary of the Tata Group. It is the world's second-largest manufacturer and distributor of tea. Tata Global Beverages markets tea under the major brands Tata Tea, Tetley, Good Earth Teas and JEMCA