Tata Starbucks eyes 16x scale-up to 8,000 stores in India after FY26 EBITDA breakeven
Tata Sons Chairman N Chandrasekaran flagged a long-term ambition to grow the Starbucks JV from 502 outlets across 80 cities to 8,000 stores. The signal follows FY26 revenue of Rs 1,367 cr (+7%) and a swing to EBITDA positive, though the JV still posted a Rs 98.95 cr net loss. Current run-rate: 50-100 stores added annually.
What happened
Tata Sons Chairman Chandrasekaran says Tata Starbucks JV could scale to 8,000 stores in India long-term from current 502, after turning EBITDA positive in FY26
Key facts
- 8,000 stores target
- 502 current stores
- 80 cities
- 50-100 stores added annually
- Rs 1,367 crore FY26 revenue
- 7% revenue growth
- Rs 98.95 crore net loss
- EBITDA positive FY26
Why this matters
An 8,000-store ambition in a tea-dominant market signals consolidation pressure on regional café chains and bakery-café formats—watch for accelerated M&A or real estate lock-ups across tier-2/3 cities.