Tata Starbucks has announced the appointment of Sumi Ghosh as CEO with effect from January 1. Avani Davda, CEO of Tata Starbucks Pvt Ltd, has made the personal decision to pursue other opportunities and accordingly resigned from her current assignment as Chief Executive Officer of Tata Starbucks Pvt Ltd.  The company said Davda has been instrumental in establishing the Tata Starbucks business and positioning Starbucks as the premier coffee house experience in India.

Tata Starbucks Pvt Ltd, a 50:50 joint venture between Starbucks Coffee company and Tata Global Beverages, operates over 70 Starbucks stores in India. Starbucks entered the Indian market in October, 2012.

Starbucks

• The Starbucks Corporation is the largest coffeehouse company in the world.
• The chain was founded in Seattle,Washington in 1971; it operates 23,391 locations worldwide.
• The first Starbucks location outside North America opened in Tokyo, Japan, in 1996.
• Starbucks entered the tea business in 1999 when it acquired the Tazo brand for US$8.1 million.
• In 2015 Starbucks signed a deal with PepsiCo to market and distribute Starbucks products in several Latin American countries for 2016.