Tata Consumer flags 35% India sales from quick commerce; Starbucks India eyes 8,000-store runway
At the TCPL AGM, Chairman N Chandrasekaran said quick commerce and new channels now drive over 35% of India business. Tata Starbucks has crossed 502 stores, is adding 50-100 a year, and has turned EBITDA and EBIT positive, with a long-term ambition of scaling to 8,000 outlets.
At TCPL's AGM, Chairman Chandrasekaran said quick commerce and new channels now contribute over 35% of India business. Starbucks India has 502 stores, adding 50-100 annually, with long-term potential of 8,000 stores; turned EBITDA/EBIT positive.