Starbucks Algerian store in Algiers. In January 2011, Starbucks and Tata Coffee, Asia's largest coffee plantation company, announced plans for a strategic alliance to bring Starbucks to India and also to source and roast coffee beans at Tata Coffee's Kodagu facility. Despite a false start in 2007, in January 2012, Starbucks announced a 50:50 joint venture with Tata Global Beverages called Tata Starbucks. Tata Starbucks will own and operate Starbucks outlets in India as "Starbucks Coffee "A Tata Alliance"". Starbucks opened its first store in India in Mumbai on October 19, 2012. In February 2011, Starbucks started selling their coffee in
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