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,
International joint venture fading out because of the practical difficulties in picking a proper partner, management, technology transfer profit sharing and soon. There are two main types of IJV in China: "Equity Joint Ventures" and "Cooperative Joint Ventures". An equity joint venture is a partnership between an overseas and a Chinese individual, enterprises or financial organizations approved by the Chinese government. Companies in an equity joint venture share both mutual rewards, risks and losses according to the ratio of investment. A minimum of 25% the capital must be contributed by the foreign partners, and no minimum investment for the Chinese partners. A joint