Tata Starbucks Sees Store Profitability Amidst Expansion Losses

Starbucks in India is expanding, opening many new stores.

While each store is making money, the company overall is losing money because of the cost of opening those new stores.

They opened 58 stores in the last year.

The company's revenue grew, but not enough to offset the costs of expansion, leading to losses.

Starbucks aims to open more stores to meet the increasing demand for coffee, especially from young consumers.