Tata Starbucks holds 1,000-store target by FY28 despite urban demand softness

Tata Consumer reaffirmed its goal of 1,000 Starbucks outlets in India by FY28 alongside Q4 results, signaling continued aggressive rollout through the 50:50 JV even as discretionary consumption faces near-term headwinds in urban markets.

— Filed Thu, 24 Apr, 2025, 16:27 IST · Source CNBC-TV18 · Retail · Updated

Tata Consumer reaffirmed its target to open 1,000 Starbucks stores in India by FY28 alongside Q4 results, continuing aggressive expansion despite near-term discretionary consumption headwinds in the urban market.