+1-888-308-5802     
News Contact Us

Tata Starbucks’ stores to use only sustainable packaging across India

Author : Saif Ali Bepari | Published Date : 2019-02-25 

Tata Starbucks, the joint venture formed between global coffee brand Starbucks and the Tatas, recently confirmed that the company is aiming to use only compostable and recyclable packaging solutions at all of its stores in India, starting the next World Environment Day, which is on June 5.

For the record, Tata Starbucks operates 138 stores throughout the country in Bengaluru, Delhi-NCR, Chennai, Chandigarh, Hyderabad, Kolkata, Mumbai and Pune. It had established its business in October 2012.

Navin Gurnaney, the newly appointed CEO of Tata Starbucks, was quoted saying that by the World Environment Day, the company would be leading the industry in using 100 percent compostable, recyclable and sustainable packaging materials. He also stated that ever since the company started its operations here, it has only been utilizing those bags, napkins and glasses which are made from recyclable fiber.

Gurnaney mentioned that moving to fully compostable and recyclable items would help prevent 4 million cutlery sets,  17 million straws, 27 million lids and 23 million cups and from ending up at landfills annually. He added that India is ranked in the top 5 markets for Starbucks worldwide, besides being the fastest growing market among other emerging economies.

Reportedly, the premium coffee chain is aiming to close the financial year with 144 stores. It had launched 10 new stores in 2015, while opened 16 more in 2016, with additional 25 launched in the next year and more 30 stores in 2018.

According to Gurnaney, the company is quite bullish in India and is on its way to achieve its goal of breaking even by fiscal year 2020. Reports show that in FY18, the company had posted a net loss of Rs. 30.5 crore. Tata Global Beverages had informed that for FY18 Tata Starbucks recorded a 28% improvement in sales owing to news stores added in the year and a strong in-store performance.

About Author

Saif Ali Bepari

Saif Ali Bepari

A qualified Computer Science graduate, Saif Ali Bepari, armed with more of an inclination toward writing than coding, commenced his journey in the content industry as a freelancer. Currently penning down content for fractovia.org and a couple of other portals, Saif has also tinkered with creative writing, technical writing, blog writing, and copywriting. He can be contacted at- [email protected] | https://twitter.com/Saif_B17

Related News

Amazon extends anti-counterfeit Transparency program beyond U.S.

Published Date: 2019-07-12         Author: Saif Ali Bepari

Amazon has recently announced that it is expanding the Transparency program, an initiative to address counterfeit problems in e-commerce, to India, Canada and Europe. Transparency is aimed at serializing products with a T-shaped QR type code to help in the identification of a counterfeit item. Vi... Read More

ABB to build collaborative robotic solutions for healthcare automation

Published Date: 2019-07-11         Author: Saif Ali Bepari

ABB has recently announced that it will launch collaborative robots for medical laboratories, with the opening of a new healthcare hub at Houston-based Texas Medical Center (TMC) facility. Apparently, the innovation center will be the firm’s first dedicated healthcare research center and is se... Read More

Wahoo buys The Sufferfest to expand home training systems portfolio

Published Date: 2019-07-09         Author: Saif Ali Bepari

Reports confirm that Wahoo, a fitness-tech company, has announced the acquisition of The Sufferfest, a leading home training brand established by David McQuillen in 2008. Apparently, Wahoo, a connected fitness device leader, is known for the Kickr turbo trainers, the Elemnt computer family and Ti... Read More

© 2019 Fractovia. All Rights Reserved