Starbucks’ new plan for India, the number of stores will increase tremendously by 2028
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Star Bucks, a company associated with American coffee chain company, has prepared a new plan for India. Under this, Starbucks is ready to increase the number of its stores in India in the next four years. Preparations have been made to open one thousand new stores in India by the year 2028. That means on an average a new store will open in the country every three days. Currently the company has 390 stores in India, spread across 54 cities.
The trend of drinking coffee has started increasing rapidly among the middle class consumers in the country, in view of which the company has now decided to open new stores in the country. All these new stores will be opened in the second (Tier-2) and third (Tier-3) cities of the country. The world’s largest coffee chain company may lose drive-thru, airport and 24-hour cafes in the future.Will also insist on taking. With this the company’s presence will double in the coming days.
Let us tell you that currently the company is a joint venture between Tata Group and global coffee chain Starbucks. Both have equal stake in it. Tata Starbucks will double its employee strength to 8,600 with a target of opening a total of 1,000 stores by 2028, the statement said. The announcement follows Starbucks Chief Executive Laxman Narasimhan’s visit to the country this week. He said, “With a growing middle class, we are proud to help enhance the growing coffee culture while respecting its rich heritage.
Let us tell you that even before this the company had presented a long-term triple shot reinvention strategy in November 2023. through local The opening of new stores was initiated to provide employment to partners and better customer experience.
Joint venture with Tata
Let us tell you that Tata Consumer Products Limited and Starbucks have a 50-50 percent partnership in Starbucks. The joint venture between the two companies was started in 2012. There are now 4300 employees working in Starbucks in India, whose number will double in the coming time.
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