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Starbucks (SBUX) To Open First Store In India By August
January 31, 2012

New York, January 31 (FinanceEnquiry.com) - A joint venture between Starbucks Corp. (NASDAQ: SBUX) and Tata Global Beverages Ltd. is opening its first store to satisfy the rising craving for coffee in the second fastest growing major economy of the world. Starbucks outlets will be opened in Mumbai and New Delhi this year and 50 locations will be set up within the first year of operations. At a time when Starbucks stores in the U.S. are becoming less profitable than in the Asia-Pacific region, Starbucks

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