Tata Starbucks the Indian market in 2007. Starbucks did not cite any reason for the withdrawal. On 19 October 2012, Starbucks opened its first store in India, measuring 4500 sq ft in Elphinstone Building, Horniman Circle, Mumbai. Starbucks opened its first roasting and packaging plant to supply its Indian outlets in Coorg, Karnataka in 2013. Starbucks expanded its presence to Delhi on 24 January 2013 by opening 2 outlets at Terminal III of the Indira Gandhi International Airport, and later one in Connaught Place. Tata Global Beverages announced in 2013 that they would have 50 locations by the end of the year,
Wahaha Joint Venture Company by selling their 51% stake in Wahaha Group to Wahaha Group for an estimated $500 million. Wahaha Joint Venture Company The Wahaha Joint Venture Company is a food and beverage joint venture company established between the Hangzhou Wahaha Group, the largest beverage producer in China, and Danone, one of the world's largest food conglomerates. The companies have been partners since 1996 in a business model "Forbes" magazine hailed as a "showcase" joint venture. As the businesses expanded and became more complex, Danone had made several attempts to buy out Wahaha, but was rebuffed. Danone and Wahaha's General Manager Zong Qinghou