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Starbucks, India’s Tata to open shops

Associated Press

  January 31, 2012

Starbucks aims to open 50 outlets in India by year’s end, through a 50-50 joint venture with Tata Global Beverages, the companies said Monday. Tata Starbucks Ltd., as their venture is known, hopes to capitalize on the rising aspirations - and fattening wallets - of many Indians, who are eager to partake of the global latte life.

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