Starbucks to Open Its First Store in India by October End

Tata Starbucks Ltd. to open first Starbucks store in India

Tata Starbucks Ltd. to open first Starbucks store in India

Starbucks Corp. will open its first store in India by the end of October in an upscale neighborhood of Mumbai. The company has also appointed Avani Saglani Davda a chief executive to head its India joint venture.

Starbucks entering the India market

Starbucks Corp., the world-known U.S. coffee chain, has informed that its first store in India will be opened by the end of October. The company will launch its first store in India through the partnership with Tata Global Beverages.

The Starbucks Corp.’s first café in India will be located in the Horniman Circle area of Mumbai. As it was stated by the company in the statement, “The store will also be the first Starbucks location to feature espresso sourced and roasted locally from India through the coffee sourcing and roasting agreement with Tata Coffee Ltd.”

The American giant had initially planned to open its first stores in India by mid-2011. The company, however informed in January 2012, that first café would be opened by August or September. Initial Starbucks Corp.’ plans were delayed because of the difficulties regarding purchases of real estates and high land costs as well.

And even though the first Starbucks Corp.’s café has not been opened yet, the company’s decision to enter India confirms the common feeling of confidence in India’s beleaguered economy. The government of India tries to open its retailing marketing to foreign companies even though populists and society do not agree. It has been proven in the recent strike in India. However foreign companies are deeply interested in investing in India as they believe this emerging market is a chance for them to expand more and earn more as well. The reputation of India has grown even among skeptical foreign investors, according to analysts. Wal-Mart Stores, Inc. and IKEA have recently announced that they plan to open their retail stores in India soon.

Starbucks – Tata partnership

Tata Starbucks Ltd. is the 50/50 joint venture between Starbucks Corp. and Tata Global Beverages. In January, the two companies informed that its joint venture would open 50 Starbucks stores in India in the first year of the operation, announcing at the same time that the first café would be launched by August or September 2012. The whole investment is valued at approximately Rs 400 crore.

The announcement of the opening of the first Starbucks store in India was commented with the highest delight by John Culver, the president of Starbucks China and Asia Pacific. He has added that the joint-venture will certainly develop as well as improve the profile of Indian-grown arabica coffees around the world and at the same time it will also increase the prestige of Indian coffee as well.

According to Harish Bhat, CEO at Tata Global Beverages, the joint venture with Starbucks Corp. is compliant with the company’s strategy of growing through alliances alongside with organic growth.

Avani Saglani Davda, who was appointed a head to Tata Starbucks Ltd., had worked for the Tata Group for over a decade. Most recently she worked in the vice chairman’s office of Tata Global Beverages. She was responsible there for, inter alia, marketing and business development, driving and facilitating key strategies and initiatives for the Group as well as helping forge the Starbucks partnership. 

Anna Domanska
Anna Domanska is an Industry Leaders Magazine author possessing wide-range of knowledge for Business News. She is an avid reader and writer of Business and CEO Magazines and a rigorous follower of Business Leaders.
  1. […] its products to the Queen Elisabeth II and well-known chef Nick Nairn, has signed a contract with Tesco. Gregor Mackintosh, a founder of Mackintosh of Glendaveny, will supply his rapeseed oil products to […]

  2. […] the meantime, Tesco PLC’s rival – Sainsbury PLC reported increases in sales and like-for-like sales for the second quarter, with a visibly strong […]

Leave a Reply

Your email address will not be published.

Recent Posts

A Google Analytics Ban Sweeps Across the EU

A Google Analytics Ban Sweeps Across the EU

The decision came after careful consideration of several complaints by the Austrian NGO noyb. The NGO filed nearly 101 complaints with all EU data protection authorities.
8 hours ago
It’s Time. To Ban TikTok, Says US FCC Commissioner

It’s Time. To Ban TikTok, Says US FCC Commissioner

For years, TikTok has continued to assure authorities that data collected from US users is stored in the US, and not China as many believe. A recent Buzzfeed report set fire to the
10 hours ago
Tesla Shuts San Mateo Office Laying Off 200 Employees

Tesla Shuts San Mateo Office Laying Off 200 Employees

The billionaire entrepreneur had previously commented on reducing the salaried workforce at Tesla. Out of nearly 100,000 Tesla employees worldwide, 42% are based out of the United
1 day ago
The Mattel Metaverse – Launched by Cryptoys

The Mattel Metaverse – Launched by Cryptoys

In a recent interview, he acknowledged that toys and players are continuously evolving. Keeping this in mind, the company wants to develop its wares both in the physical and digita
2 days ago
Multiple Fires Force CPSC to Recall Costco Solar Patio Umbrellas

Multiple Fires Force CPSC to Recall Costco Solar Patio Umbrellas

The Costco umbrella recall was jointly issued by the CPSC, Health Canada, SunVilla, and Costco. The CPSC has urged customers to remove the solar panel puck from the top of the umbr
2 days ago
Volvo Zero-emission Truck – Traced by Water Vapor

Volvo Zero-emission Truck – Traced by Water Vapor

In early 2022, Volvo signed the Drive to Zero pledge, reiterating its commitment to provide zero-emission commercial vehicles. Volvo is one of the largest manufacturers of cars, tr
3 days ago