Archive · 24 Jul 2025
Starbucks India Plans to Accelerate Store Expansion
Starbucks in India, run by Tata, is planning to open more stores.
They slowed down the opening of new stores recently, only adding six in the last quarter.
However, they are now planning to speed up this expansion again.
The company's revenue is growing, but they acknowledge that people are spending less money overall.
They want to have a total of 1,000 stores by 2028.
They are also thinking about opening more 'Reserve' stores, which offer special, high-end coffee.
Tata Starbucks to accelerate store expansion after a period of tempered growth.
The company added six stores in the June quarter, bringing the total to 485.
Revenue grew 6% year-on-year during the June quarter.
Starbucks aims to operate 1,000 stores in India by 2028.
The company is exploring more Starbucks Reserve stores.
- Who
- Tata Consumer Products Ltd, the operator of Starbucks in India
- What
- Starbucks India to accelerate store expansion.
- When
- The expansion plans were announced after a period of tempered growth in the June quarter.
- Where
- India
- Why
- To increase its presence in the Indian market and capitalize on growing revenue.
Market Challenges
Future Growth
Demand and Sales
Market Challenges
High food inflation and discretionary spending stress are impacting the quick service restaurant (QSR) space, including Starbucks.
Future Growth
Recent initiatives like new menu items are showing results.
- Total Stores (June Quarter)
- 485
- Revenue Growth (June Quarter)
- 6% year-on-year
- Store additions in FY25
- 58
- Target stores by 2028
- 1,000
- Joint Venture Start
- 2012