India, April 30 -- Expands Starbucks footprint to 80 cities

Tata Consumer Products Ltd (TCPL) reported a strong financial performance for the full year, with consolidated revenue growing 16 per cent, including acquisitions and 9 per cent organically. A key highlight was the continued expansion of the Starbucks India joint venture, which added 58 new stores during the year, taking the total count to over 350 stores across 80 cities. The brand now has over 100 stores in Mumbai alone, reaffirming its position as the largest coffee operator in the country, according to the company's BSE filing.

The India-branded business delivered a 5 per cent underlying volume growth (UVG) for the year. India Beverages reported 3 per cent organic growth, w...