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Thursday, November 14, 2024

Starbucks hits 400th store milestone in India with grand opening in Coimbatore

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US-based coffee chain Starbucks has achieved a significant milestone in India, reaching its 400-store mark with the opening of its latest outlet in Coimbatore, as stated by an industry official on social media. The new store is located at The Lakshmi Mills – Urban Center in Coimbatore, Tamil Nadu.

“Today, we are proud to deliver the 400th Starbucks store in India, the flagship store in Coimbatore,” said Govind K Menon, executive director at Pavilions & Interiors in a LinkedIn post.

The store’s interiors have been designed by Pavilions & Interiors.

Crafted from wood, linen textiles, and woven ropes, the suspended sculpture within the store serves as a tribute to Lakshmi Mills, India’s oldest yarn and fabric manufacturer dating back to 1910.

The Starbucks-branded coffee chain in India operates as a joint venture between Seattle-based Starbucks Coffee Co. and Tata Consumer Products Ltd., with both entities holding a 50% stake.

In 2023, Starbucks expanded its presence in India by launching 71 new stores, marking its entry into 15 additional cities across the country.

The beverage giant announced its plan to double its workforce, aiming to employ approximately 8,600 partners compared to the current 4,300. This expansion strategy includes entering tier 2 and 3 cities in India, as well as expanding services to encompass drive-thrus, airports, and 24-hour store formats, in order to meet the diverse needs of customers.

The company is currently aiming to operate 1,000 stores in India by 2028 or one new store opening every three days.

Continue Exploring: Starbucks CEO bullish on India’s coffee market, targets 1000 cafes by 2028

SnackTeam
SnackTeamhttps://snackfax.com
SnackTeam is a specialised group of editorial staff motivated to improve the lives of individuals and society. The team intends to bring the most authentic, well-researched and dependable content for you and your loved ones every day.
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