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
Joint venture serving as an "industry utility" that provides a narrow set of services to industry participants. Some major joint ventures include MillerCoors, Sony Ericsson, Vevo, Hulu, Penske Truck Leasing, and Owens-Corning - and in the past, Dow Corning. In European law, the term "joint venture" (or joint undertaking) is an elusive legal concept, better defined under the rules of company law. In France, the term "joint venture" is variously translated " "association d'entreprises", "entreprise conjointe", "coentreprise" "or" "entreprise commune"." A JV can be brought about in the following major ways: In the UK, India, and in many Common Law countries a