Starbucks India to add around 10 stores this fiscal
In this article (5)
Starbucks, a 50:50 joint venture between Tata Global Beverages and Starbucks Coffee of the US, is planning to add up to 10 new stores in the next two months, taking the total count to around 145 outlets, said a top company official. According to a report, the premium coffee chain is increasing the number of roll outs as it is getting overall good consumer response, said Tata Global Beverages (TGBL).
“We currently have around 136 stores and we would open another between 5 to 10 stores by the end of the year (fiscal). We have seen an increase in the store roll out. We look at activating more stores roll out in the next few years, what we have seen in the past,” L Krishnakumar, CFO, TGBL Group said.
Tata-Starbucks has recently started food delivery through online food aggregator apps like Swiggy.
Questions & Answers
Q.How many new Starbucks stores are planned for India in the near future?
How many new Starbucks stores are planned for India in the near future?
Starbucks India plans to add up to 10 new stores in the next two months. This expansion will increase their total number of outlets to approximately 145 across the country.
Q.Why is Starbucks India increasing its store rollout pace?
Why is Starbucks India increasing its store rollout pace?
The premium coffee chain is expanding its store count due to positive consumer response. Tata Global Beverages noted an increase in store rollouts, with plans to activate more in the coming years.
Q.What is the current total number of Starbucks outlets in India?
What is the current total number of Starbucks outlets in India?
Starbucks India currently operates around 136 stores. The planned addition of up to 10 new stores will bring the total number to approximately 145 outlets by the end of the fiscal year.
Q.How has Tata-Starbucks recently expanded its service offerings?
How has Tata-Starbucks recently expanded its service offerings?
Tata-Starbucks has recently started offering food delivery services to customers. They have partnered with online food aggregator apps, such as Swiggy, to facilitate these deliveries.