Starbucks plans major expansion in India — to open one store every three days
Starbucks Corp. has its sights set on one of the world’s most tea-loving countries.
Tata Starbucks, a 50-50 joint venture between Starbucks Corp. and Tata Consumer Products Limited, plans to operate 1,000 stores in India by 2028, which equals one new store opening every three days. The venture currently more than 390 Starbucks locations in 52 cities across India, which is projected to become the third-largest economy in the world by 2030.
To achieve its target of 1,000 locations, the company will enter smaller (Tier 2 and 3) Indian cities, and expand drive-thru and airport locations as well as its 24-hour store footprint. It will double its workforce to approximately 8,600 employees.
In addition, the company said it will open a second Starbucks Reserve location in India as part of the long-term commitment to elevate the coffee experience in India. Scheduled to open this year, the store follows the success of Starbucks Reserve in Mumbai, which opened in 2022.
Related news
3D-printed Starbucks opens in Texas
The hospitality industry has reached a futuristic milestone: Starbucks is…
Read more >Starbucks shakes up RTD lineup with energy drinks
The world’s largest coffee chain is seeking a bigger slice…
Read more >Walmart to make $6 billion investment in Mexico; adding 1,500 stores by 2030
Walmart Inc. is making a big investment to expand its…
Read more >Related news
Márton Nagy: the government would introduce margin restrictions for stores selling household goods
The government may discuss on Wednesday and is expected to…
Read more >The Hungarian Food Bank Association is organizing a record-sized food collection on Friday and Saturday
At the Friday and Saturday fundraiser organized by the Hungarian…
Read more >Pick Szeged Zrt.’s profit decreased, but its sales revenue increased last year
Pick Szeged Zrt.’s after-tax profit in 2024 was 6.7 billion…
Read more >