“It is a big city. These will be no Starbucks kiosks for sure”
The 50:50 joint venture of Tata Global Beverages (TGBL, formerly Tata Tea) and US-based café chain which is going to open its maiden outlet in Kolkata has opened 96 stores so far in India and would like to take the number over 100 soon. It will open one large-format outlet along with two or more small-format stores in Kolkata by the end of next year.
On the sidelines of 54th AGM of TGBL in the city on Friday, the CEO of Tata Starbucks, Sumitro Ghosh, told TOI: “There is no question of fixing any place in the city for setting up our outlet as the study we are conducting is yet to be over. Once that is done, we will announce the project details.”
However, replying to a TOI query on possible store formats, Ghosh added: “It is a big city. These will be no Starbucks kiosks for sure. One will definitely be a large-format outlet along with two or more small-format stores,” he elaborated.