Coca‑Cola Company announces investment by Jubilant Bhartia Group in India
Starbucks plans to expand to 1,000 stores in India by 2028, to open one new store every three days
Starbucks has opened its latest store in Jharkhand, located in Inner Circle, Kadma, Jamshedpur. This marks the first Starbucks store in Jamshedpur.
The area is well-known for its Tata Steel residential quarters, and every detail in the store, from the ceiling design to the metal merchandise racks, has been crafted to reflect the spirit of the Steel City, according to the company’s press release.
The Starbucks brand in India is operated through a 50:50 joint venture between Seattle-based Starbucks Coffee Company and Tata Consumer Products Limited. Currently, the company operates over 475 stores across 75 Indian cities.
Starbucks plans to expand to 1,000 stores in India by 2028, to open one new store every three days, as stated on the company’s official website.
Furthermore, the company has announced its intention to double its workforce to around 8,600 partners, up from the current 4,300. This expansion plan includes entering tier 2 and tier 3 cities in India, as well as adding drive-thrus, services at airports, and 24-hour store formats to meet diverse customer needs.