Starbucks slated to open doors of first India store by October's end
September 29, 2012, 12:01 am TWN
MUMBAI -- Starbucks will open its first outlet in India by the end of October in an upscale neighborhood of Mumbai and has appointed a chief executive to head its India joint venture, the company said Friday.
The store will be in Mumbai's Horniman Circle neighborhood, which boasts an Hermes store and a stately neighborhood park. It will feature coffee sourced locally, through an arrangement with Tata Coffee Ltd. Starbucks is operating in India through a 50-50 joint venture with Tata Global Beverages, called Tata Starbucks Ltd.