Starbucks (SBUX) Looks to Enter India Coffee Market By Second Half of 2012
Tweet
Share
E-mailGet Alerts SBUX Hot Sheet
Join SI Premium – FREE
Bloomberg reporting Thursday: Tata Group will be partnering with Starbucks (Nasdaq: SBUX) for the launch of a new store in India.
The two entered a contract back in January of 2011 whereby Tata will supply Starbucks with beans. The companies will make final decisions on the launch of the new store by the end of this month.
Indian coffee drinkers consumed more than 100,000 metric tons between 2001 and 2010.
The two entered a contract back in January of 2011 whereby Tata will supply Starbucks with beans. The companies will make final decisions on the launch of the new store by the end of this month.
Indian coffee drinkers consumed more than 100,000 metric tons between 2001 and 2010.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- TD Cowen Reiterates Buy Rating on Starbucks (SBUX)
- CoVolt Power files for proposed IPO
- enVVeno Medical (NVNO) files $100M mixed shelf
Create E-mail Alert Related Categories
Corporate NewsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
