Tata Starbucks forays into Chennai 08/07/2014

Tata Starbucks forays into Chennai
08/07/2014 13:59
Tata Starbucks, the 50:50 joint venture between Starbucks Coffee Company and Tata Global Beverages , today opened its first store in Chennai, taking the total number of company's outlets in the country to 50, reported PTI. "The opening of the 50th Starbucks store in India strongly reiterates our commitment to the Indian market for the long-term," Starbucks China and Asia Pacific, Channel Development and Emerging Brands group president John Culver said in a statement. The company, which now has stores operational across five cities, will continue to open more stores and thoughtfully grow in the market, Tata Starbucks said. "We are thrilled to celebrate the opening of our 50th store in India and extend our unique Starbucks experience to the coffee lovers of Chennai," Tata Starbucks CEO Avani Davda said. According to media reports,the company said it will foray into Hyderabad later this year. Starbucks entered the Indian market in October 2012 and currently operates stores across Mumbai, Delhi NCR, Pune, Bengaluru and Chennai, as per the media reports.