Tata Starbucks aims to open 1,000 stores by 2028
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Hyderabad: Tata Starbucks Pvt Ltd has announced that it plans to open around 1,000 stores in India by 2028, which translates to opening one new store every three days. The strategy focuses on skilling local partners for jobs, opening new stores and promoting Indian-origin coffee to Starbucks customers across the world. Tata Starbucks was launched in 2012 with a 50-50 joint-venture between Starbucks Coffee Company and Tata Consumer Products Ltd. The coffee store chain now operates across 54 Indian cities with over 390 stores and around 4,300 employees.
To achieve its target of 1,000 stores by 2028 the company will double its workforce to approximately 8,600 as it plans to enter tier-2 and tier-3 Indian cities and expand via drive-thrus, airports and its 24-hour stores.
Laxman Narasimhan, ceo, Starbucks, said: “Over the past 11 years, the India market has grown to become one of Starbucks fastest-growing markets in the world. With a growing middle class, we are proud to help cultivate the evolving coffee culture while honoring its rich heritage. With our trusted business partner, Tata, and our green apron partners, we are well-positioned to capture the limitless opportunities.”