Tata Starbucks Tata Starbucks TATA Starbucks Private Limited, formerly known as Tata Starbucks Limited, is a 50:50 joint venture company, owned by Tata Global Beverages and Starbucks Corporation, that owns and operates Starbucks outlets in India. The outlets are branded "Starbucks "A Tata Alliance"". In January 2011, Starbucks Corporation and Tata Coffee announced plans to begin opening Starbucks locations in India. Despite a false start in 2007, in January 2012 Starbucks finally announced a 50:50 joint venture with Tata Global Beverages, called Tata Starbucks Ltd., which would own and operate outlets branded "Starbucks, A Tata Alliance". Starbucks had previously attempted to enter
History of the oil industry in India 1st August, 1977, it was renamed as Bharat Petroleum Corporation Limited. After India won independence in 1947, the new government moved to a Communist system, often termed as License Raj. In terms of economic policy this meant a far bigger role for the government and little or no role for the private sector. This resulted in a focus on centralized planning, heavily bureaucratic and inefficient system that meant a large public sector and economic protectionism. The foreign companies continued to play a key role in the oil industry. Oil India Limited was still a joint venture involving the Indian government