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Friday, January 14, 2011
BUSINESS: Brace Yourself, India, Here Comes Starbucks!
Coffee lovers in India will someday be able to get a Starbucks fix, as the company has struck a deal with megaconglomerate Tata Group—it makes everything from the Tata Nano car to Eight O'Clock Coffee—to get the lay of the land, the Seattle Times reports. Tata will help Starbucks plan its supply chain and find retail locations. The move is part of Starbucks' global push, and India represents a huge market that could rival the company's presence in China, notes the Wall Street Journal.
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