Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
Aug, 20 2014

Starbucks is increasing authorised capital in India unit

In a move to maintain its rapid expansion, Tata Beverages has proposed to increase the authorised capital by Rs 130 crore.

Starbucks which entered India with 50-50 joint venture with Tata Beverages is increasing authorised capital in the country to Rs 350 crore to maintain its rapid expansion drive. The coffee chain has proposed to increase its authorised capital by Rs 130 crore.

Not only this Tata Starbucks is planning to open 50 outlet in the Indian portfolio and is currently present in six cities — Mumbai, Delhi NCR, Bangalore, Pune, Chennai and now Hyderabad. 

Speaking on the expansion plans, John Culver, Group President, Channel Development and Emerging Brands, Starbucks China and Asia Pacific, said, “We remain deeply excited about our journey in India and we will continue to deliver on our promise of offering an unparalleled coffeehouse experience to every customer, every time they visit our stores as well as nurturing our biggest assets — our partners.”

Comment
Related opportunities
  • Quick Service Restaurants
    Hakka Express our love for hearty, delicious food overrides everything..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 0
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Physiotheraphy centre
    INTRODUCTION WellneZZone*, is India’s most favorite Chain of Wellness Centers, an..
    Locations looking for expansion Tamil Nadu
    Establishment year 2000
    Franchising Launch Date 2015
    Investment size Rs. 50 K - 2lac
    Space required 600 sq. feet - 1400 sq. ft. Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Chennai Tamil Nadu
  • About PresstoPress2 Drycleaning and Laundry Pvt Ltd (Press2 India) has..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 300 - 900 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Pune Maharashtra
  • Building Material
    Established in the year 2007, Excel Coatings is engaged in..
    Locations looking for expansion Tamil Nadu
    Establishment year 2007
    Franchising Launch Date 2011
    Investment size Rs. 50 K - 2lac
    Space required 300
    Franchise Outlets More than 10000
    Franchise Type Unit
    Headquater Tiruppur Tamil Nadu
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities