Starbucks Might Finally Pack Up and Leave India due to Mounting Losses
The joint venture with Tata Consumer Products has been plugging away since 2012, but now with FY24 numbers showing revenue up a measly 12% to ₹1,218 crore while losses ballooned to ₹80 crore from ₹25 crore the year before, folks are whispering it’s the end of the road. I mean, high rentals in posh malls, … Read more