Starbucks Corporation is an American coffee company and coffeehouse chain. Tata Starbucks Private Limited, formerly known as Tata Starbucks Limited, is a 50:50 joint venture company, owned by Tata Global Beverages and Starbucks Corporation that owns and operates Starbucks outlets in India.
Tata Sons Chairman Cyrus Mistry met Starbucks Chairman and Chief Executive Howard Schultz last week in Seattle and finalized these initiatives, which will be rolled out by the year-end, the companies said in a joint statement today.
Starbucks has also announced plans to increase its coffee-roasting capacity for supplying to its stores in the country and, over time, select markets around the globe.
For the first time, Starbucks will be offering a single-origin coffee from India in the US, sourced from Tata Nullore Estates.
Tata Coffee which has a roasting and packaging plant in Coorg, Karnataka since 2013, at present roasts Starbucks India Estates Blend and Espresso Roast coffee. It will soon expand to include both Kenyan and Sumatran coffees for Starbucks stores throughout the country, the companies said.
Further, the two companies have agreed to come together and skill youth over the next five years through Tata Strive, which has till date trained some 43,000 people. The joint partnership is expected to benefit 3,000 more disadvantaged youth in the country.
Tata Starbucks taking their initiative to the global level
