Tata Starbucks opens first outlet in Gurgaon - Indian Express

Press Trust of India : New Delhi, Wed Jul 10 2013, 18:00 hrs < /a> Starbucks entered the Indian market in October, 2012 and currently operates 17 outlets across the country. Reuters Tata Starbucks Ltd, the 50:50 joint venture between Starbucks Coffee Company and Tata Global Beverages Ltd, today opened its first outlet in Gurgaon, taking its total store count in the Delhi NCR region to eight. *Stocks: Top Gainers/Top Losers Commenting on the development, Tata Starbucks Ltd CEO Avani Davda said: "We remain committed to offering a distinct third place to our customers at convenient locations; defining our unique, values-based Starbucks experience." The opening of the new store in Ambience Mall, Gurgaon is part of the company's ongoing expansion in India, where it plans to open 50 outlets within this year. The JV partners have earmarked an investment of Rs 400 crore for the purpose. Starbucks entered the Indian market in October, 2012 and currently operates 17 outlets across the country. ALSO READ Reliance Life new business up two-fold at Rs 514 cr in Q1 Tata Steel India Q1 sales up 26% to 2.1 MT Donald Trump announces launch of his first Indian project in Pune Deccan Chronicle's T Venkatram Reddy faces Canara Bank cheating case Please read our terms of use before posting comments TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s). via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEZzCwie1Hsle_AxjXo-J9GXDer9A&url=http://www.indianexpress.com/news/tata-starbucks-opens-first-outlet-in-gurgaon/1140154/

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