Tata Starbucks Sales Growth Slows Downि

Tata Starbucks sales growth decelerates in third quarter, down to 7% year-on-year

Tata Starbucks, the joint venture between Starbucks and Tata Consumer Products, experienced a significant slowdown in sales growth during the third quarter. The company’s year-on-year increase dropped to just 7%, a sharp decrease from the 21% and 14% growth witnessed in the first and second quarters, and a significant drop from the robust 42% growth recorded in the same period last year.