Tata Starbucks eyes 16x scale-up to 8,000 stores in India after FY26 EBITDA breakeven
Tata Sons Chairman N Chandrasekaran flagged a long-term ambition to grow the Starbucks JV from 502 outlets across 80 cities to 8,000 stores. The signal follows FY26 revenue of Rs 1,367 cr (+7%) and a swing to EBITDA positive, though the JV still posted a Rs 98.95 cr net loss. Current run-rate: 50-100 stores added annually.
Tata Sons Chairman Chandrasekaran says Tata Starbucks JV could scale to 8,000 stores in India long-term from current 502, after turning EBITDA positive in FY26 with 7% revenue growth to Rs 1,367 crore.
Why this matters
Builds on FY26 financial momentum where losses narrowed 64% to Rs 49 cr and revenue climbed 7%. EBITDA breakeven now anchors the case for a 16x store footprint expansion.
Store-opening activity steady at 195 signals in 90 days across India retail.