Tata Wants to Grow Starbucks to 1000 stores in India Despite $36 Million Loss

Written By Joel Silverstein
Starbucks in India

Interestingly, Tata Consumer Products (TCPL) is excited to expand the Starbucks brand in India from 457 stores to 1000 by 2027-28, despite losses of $36 Million. You would think the group would be cash flow positive by now with over 400 stores in operation. Starbucks is fortunate to have a partner who continues to lose money when building this brand. I would be more prudent given what is happening around the rest of Asia.

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Joel Silverstein

Joel Silverstein is a long-term resident of the Asia Pacific region and has helped leading international and local companies achieve sustained growth in overseas markets. As a former senior executive and experienced Board member, Silverstein is a frequent contributor to major media outlets on the topics of hospitality & retail, business practices in international markets, and succeeding in turbulent environments. He recently relocated to the United States after 40 years of residence overseas.

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