Coffee drinkers in India will have reason to rejoice, but may have to wait just a little longer as Tata Starbucks, the joint venture between the world’s largest coffee chain, U.S.-headquartered Starbucks, and Tata Global Beverages, announced that it would open its first store in India by end-October.
A statement from the company said that the first store in India would open in the Horniman Circle area of south Mumbai. The Mumbai store will be the first Starbucks location to have espresso sourced and roasted locally from India through the coffee sourcing and roasting agreement with Tata Coffee, the statement said.
“Being able to use the highest quality espresso, sourced and roasted in India, is an important part of delivering a locally relevant experience to our customers in the market,’’ John Culver, President, Starbuck China and Asia Pacific, said in a statement.
“The joint venture is in line with Tata Global Beverages’ strategy of growing through strategic alliances in addition to organic growth. We are excited about the opportunity to innovate in the retail space and bring new beverage moments to more consumers,’’ Harish Bhat, CEO, Tata Global Beverages, said in a statement. Tata Starbucks also announced the appointment of Avani Saglani Davda as the CEO of the joint venture company. She worked for Tata companies for more than a decade, and, most recently, worked in the Vice-Chairman’s office for Tata Global Beverages where she was responsible for driving and facilitating key strategies and initiatives for the company, the statement said.
Keywords: Tata Global Beverages, Starbucks
mom and pop shop is best. i hate chain of anything.The best way to avoid this tie up is to start boycotting any foreign items or establishment with foreign tie up. That way such tie up news will stop coming in.Be indian buy indian.
In the fiftees India Coffee Houses brewed the best coffee with best coffee beans roasted in their own houses. Starbucks is no match for the India Coffee House coffee of fiftees. Several starbucks stores in USA closed a few years ago. Why then Tata joined hands with loosing Starbucks to open coffee outlets in India. These joint ventures are part of globalization
Coffee grown in India, brewed in India, transpoted in India, 100% indian labour, milk in india, shop real estate in India, indian taxes, indian consumers but infalted price and profits to Seattle! A coffee roughly costs between £1.5 to £10.00 in UK. The cost in India is also is same. I feel this is a return of the British selling its goods in India in the early 1990s. Either people have to protect themselves from being ripped or the government has to protect's citizen's hard earned money.
sir.
starbucks they should open branches also in south india.
please note that more people drinking coffee are in south
india.
thanking you,
Its a good Decision By our PM to give the opportunity to foreign invester so that our rural as well city can devlope more and create a
opportunity for the job, As our population is grwoing more and more these kind of decisition we should welcome it will create a good balance between country people, Mamta Benerjee lighting her politics only, The day has come to resign the work by our politician and going on good way now,
Please Email the Editor