Sunday, July 14, 2013

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Tata Starbucks enters Gurgaon
Tata Starbucks, the 50:50 joint venture between Starbucks Coffee Company and Tata Global Beverages, has opened its first outlet in Gurgaon at Ambience mall, taking its total store count in the Delhi NCR region to eight, according to PTI. 

Speaking on the occasion, Avani Davda, Tata Starbucks CEO, said, “We remain committed to offering a distinct third place to our customers at convenient locations; defining our unique, values-based Starbucks experience.” 

The company plans to open 50 outlets within this year with the JV partners earmarking an investment of Rs 400 crore for expansion. 

Starbucks entered the Indian market in October, 2012 and currently operates 17 outlets across the country. 

SOURCE:http://www.indiaretailing.com/news.aspx?topic=1&Id=7106