Tata Starbucks

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Tata Starbucks Private Limited
Formerly called
 Tata Starbucks Limited
Joint Venture
Traded as Starbucks "A Tata Alliance"
Industry Coffee shop
Founded Mumbai, Maharashtra, India (19 October 2012 (2012-10-19))
Headquarters Tower 2, Indiabulls Finance Center, Senapati Bapat Marg, Elphinstone Road, Mumbai, Maharashtra, India.[1]
Number of locations
 83 stores (May 2016)
Area served
 India
Key people
 Sumi Ghosh
(CEO)[2]
Products
Coffee  • Tea  • Pastries • Frappuccino beverages  • Smoothies
Revenue Increase ₹171.2 crore (US$25 million)[3] (2015)
Profit ₹-47 crore (US$−7.0 million)
Owner
Number of employees
 1200+ (May 2016)[4]
Website starbucks.in

Tata Starbucks Private Limited, formerly known as Tata Starbucks Limited,[5] is a 50:50 joint venture company, owned by Tata Global Beverages and Starbucks Corporation,[6] that owns and operates Starbucks outlets in India.[7] The outlets are branded Starbucks "A Tata Alliance".

History

India's first Starbucks outlet in Elphinstone Building, Horniman Circle, Mumbai.

In January 2011, Starbucks Corporation and Tata Coffee announced plans to begin opening Starbucks locations in India.[8] Despite a false start in 2007,[9] in January 2012 Starbucks finally announced a 50:50 joint venture with Tata Global Beverages, called Tata Starbucks Ltd., which would own and operate outlets branded "Starbucks, A Tata Alliance".[10] Starbucks had previously attempted to enter the Indian market in 2007. Starbucks did not cite any reason for the withdrawal.[11]

On 19 October 2012, Starbucks opened its first store in India, measuring 4500 sq ft in Elphinstone Building, Horniman Circle, Mumbai.[12][13] Starbucks expanded its presence to Delhi on 24 January 2013 by opening 2 outlets at Terminal III of the Indira Gandhi International Airport,[14] and later one in Connaught Place.[15] Tata Global Beverages announced in 2013 that they would have 50 locations by the end of the year,[16] with an investment of ₹4 billion (US$59 million).[17] However, the company would open its 50th store in India only on 8 July 2014.[18][19][20]

The third city of India to get a Starbucks outlet was Pune, where the company opened an outlet at Koregaon Park, on 8 September 2013.[21][22] Starbucks opened a 3,000-square-foot flagship store at Koramangala, Bangalore on 22 November 2013, making it the fourth city to have an outlet.[23][24][25][26] Starbucks opened its first store in Chennai and 50th store in India on 8 July 2014.[18][19][20]

At the Starbucks annual shareholders meet in March 2014, then Tata Starbucks CEO Avani Davda stated, "With 40 stores in four cities (in 17 months) and nearly 1,000 partners, India is the fastest growing market in Starbucks history."[27]

Products

Apart from the usual products offered internationally, Starbucks in India has some Indian style product offerings such as Tandoori Paneer Roll, Elaichi Mawa Croissant and Murg Tikka Panini to suit Indian customers.[28]

On 15 June 2015, Tata Starbucks announced that it was suspending the use of ingredients that had not been approved by the Food Safety and Standards Authority of India (FSSAI). The company did not specify what the ingredients or the products they were used in were. The company also stated that it was in the process of applying for FSSAI approval for these ingredients.[29]

Free Wi-Fi is available at all Starbucks stores.[30]

Locations

As of April 2015, Starbucks operates 75 outlets in 7 cities of India.[31]

State/Region City No. of Outlets First outlet
Delhi New Delhi 13 24 January 2013
Delhi NCR Gurgaon 6 10 July 2013[32][33]
Maharashtra Mumbai(Including Thane and Vashi) 26 19 October 2012
Pune 7 8 September 2013
Karnataka Bangalore 10 22 November 2013
Tamil Nadu Chennai 5 8 July 2014[34]
Telangana Hyderabad 5 1 October 2014

References

  1. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  2. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  3. ↑ http://articles.economictimes.indiatimes.com/2015-11-24/news/68536109_1_tata-starbucks-ruchi-sally-elargir-solutions
  4. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  5. ↑ http://www.starbucks.in/about-us/company-information
  6. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  7. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  8. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  9. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  10. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  11. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  12. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  13. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  14. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  15. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  16. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  17. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  18. ↑ 18.0 18.1 Lua error in package.lua at line 80: module 'strict' not found.
  19. ↑ 19.0 19.1 Lua error in package.lua at line 80: module 'strict' not found.
  20. ↑ 20.0 20.1 Lua error in package.lua at line 80: module 'strict' not found.
  21. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  22. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  23. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  24. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  25. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  26. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  27. ↑ http://www.livemint.com/Companies/fMRXu5Xkine29k5iRRxlVP/Starbucks-says-India-operations-fastest-growing-in-its-histo.html
  28. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  29. ↑ http://www.dnaindia.com/money/report-starbucks-suspends-use-of-ingredients-not-approved-by-fssai-2095724
  30. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  31. ↑ official website of Tata Starbucks, retrieved 21 July 2014.
  32. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  33. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  34. ↑ Lua error in package.lua at line 80: module 'strict' not found.

External links


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