Tata has scaled back investment in its joint venture with the coffee giant in India until a more profitable structure is in place.

The 1000-store target was originally set by former global Starbucks CEO Laxman Narasimhan in early 2024. However, the pace of expansion has failed to keep up with the aggressive timeline. In the ...

Starbucks is "taking a very long-term view of India," partly because of India's substandard infrastructure, said John Culver, Starbucks' president for the Asian-Pacific region. Despite its economic ...