Market Chatter: Starbucks India Expands Store Network, Localizes Menu Despite Rising Losses

MT Newswires Live

Feb 20

Starbucks (SBUX) is expanding its footprint in India, adding new stores and introducing localized and health-focused menu items even as losses widen, Bloomberg reported Friday.

Tata Starbucks, a 50:50 joint venture between Starbucks and Tata Group, plans to prioritize growth over profitability, Chief Executive Officer Sushant Dash said in an interview to Bloomberg.

India ranks among Starbucks' top five global markets, Dash said, adding that the business has turned cash positive but did not provide a timeline for profitability.

The company has expanded its menu with protein-enriched coffee, low-calorie snacks and regional offerings such as Malabar egg roast, keema variants in southern India, a Kosha Mangsho-inspired wrap in Kolkata and Vada Pao-style buns in Mumbai, Bloomberg reported.

It added that the company has also introduced zero-sugar drinks and protein-based food options to cater to younger, health-conscious consumers.

Tata Starbucks added 12 stores in the latest quarter, bringing its total to 504 locations across 81 cities.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2612262442","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612262442","pubTimestamp":1771593981,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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