Tata Starbucks purchase the beverage based on January 2016 prices. The index published by US-based consumer research firm ValuePenguin found that a tall hot latte cost US$7.99 in India, far higher than the $2.75 it costs in the cheapest country, the United States, but much lower than the $12.32 in the most expensive country, Russia. As of October 2018, Starbucks operates 126 outlets in 10 cities of India. The 100th store came up at Kamala Mills in Mumbai. The Tata Group and Starbucks Corporation also collaborate on some ventures outside India. Starbucks Reserve Tata Nullore Estates, the first-ever Starbucks Reserve coffee sourced
Aircraft Maintenance and Engineering Corporation Aircraft Maintenance and Engineering Corporation Aircraft Maintenance and Engineering Corporation Limited known as Ameco Beijing is the largest aircraft maintenance supplier in China. The company was founded in May 1989 by Air China as a 60/40 joint venture with minority partner Lufthansa under a joint venture agreement set to last for 15 years. Each side made contributions to the joint venture with Air China providing 3,750 employees, the workflow of Air China maintenance, spare stocks, and a sprawling maintenance complex at Beijing Capital International Airport while Lufthansa provided an initial capital infusion of $37.6 million and technical and management support.