Seattle WA-based Starbucks, in a joint venture between subsidiary Starbucks Coffee and Tata Global Beverages, India, is planning to add up to ten new stores this year taking the total count to 145 cafes. "We currently have 136 stores and we will open another five to ten stores by the...
Starbucks Expands Footprint in India
With over 100 stores spread across the metros of Mumbai, Pune, Hyderabad, Chennai, Delhi, and Bangalore over the past five years, Starbucks India, a 50:50 joint venture between India's Tata Global Beverages and Seattle-based Starbucks Corporation, is planning to add 24 new stores this year. CEO Sumitro Ghosh said, "After...
India's Tata Launches Himalayan Mineral Water in U.S.
Kolkata-based Tata Global Beverages announced the launch of its premium natural mineral water brand 'Himalayan' in the U.S. market. Currently, Himalayan is marketed by subsidiary NourishCo, a joint venture between Tata Global Beverages and PepsiCo India, in Singapore and India. The company said that its mineral water brand "will now...