Expansion plans, new formats help Tata Starbucks grow 26% in Sep quarter

Seven years after its entry into India, Tata Starbucks' consumer connection score is at an all-time high

Amid an ongoing slowdown, Tata Starbucks – the 50:50 joint venture between Tata Global Beverages (TGBL) and US-based Starbucks Coffee — continues to grow its business. It posted 26 per cent revenue growth in the September quarter, backed by expansion in new geographies and growth in existing store sales.

As on September 31, 2019, Tata Starbucks’ total store count in India stood at 163 across 10 cities in the country and it forayed into Ahmedabad and Surat in Gujarat in August by opening five and three stores respectively.

According to an investor’s presentation by the company, its consumer connection scores