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Tata Starbucks Private Limited, formerly known as Tata Starbucks Limited, [5] is a 50:50 joint venture coffee company, owned by Tata Consumer Products and Starbucks Corporation, [6] that owns and operates Starbucks outlets in India.
Tata Starbucks owned and operated Starbucks outlets in India as Starbucks Coffee "A Tata Alliance". [216] Starbucks opened its first store in India in Mumbai on October 19, 2012. [217] [218] [219] On February 1, 2013, Starbucks opened its first store in Ho Chi Minh City, Vietnam, [220] [221] [222] and its first location in Hanoi in July 2014. [223]
Laxman Narasimhan (born 15 May 1967) [1] is an Indian-born American business executive and former chief executive officer (CEO) of Starbucks and Reckitt. He was previously chief commercial officer (CCO) of PepsiCo. He joined Starbucks as interim CEO in October 2022, and succeeded Howard Schultz as CEO in April 2023.
Narasimhan joined Starbucks October 1 as interim CEO with plans to officially begin his role and join the Starbucks' Board of Directors on April 1, 2023, making his CEO transition two weeks ...
Starbucks (SBUX) named Laxman Narasimhan as its new CEO, effective April 1st, 2023, as the company faces unionization efforts, ongoing inflation, and dampened sales overseas.
Starbucks plans to operate 1,000 stores in India by 2028, opening the equivalent of one new location every three days for the next four years, as demand for coffee burgeons in the world’s ...
On 30 January 2012, Tata Consumer Products Limited and Starbucks announced the creation of a 50:50 joint venture called Tata Starbucks Limited, which will own and operate Starbucks outlets branded as Starbucks Coffee "A Tata Alliance" in India. The stores started operating in 2012, launching initially in Delhi and Mumbai. [13]
Starbucks aims to hasten its India expansion with smaller stores and drive-through outlets, the CEO of its local partner said on Monday, signalling the American coffee chain's bullish plans as the ...