Tata Group and Reliance Industries are the two leading corporate houses of the country. While Tata is doing business in various fields before independence, Reliance is also expanding its scope rapidly. In this connection of business expansion, the business world is going to witness another interesting competition between these two giant corporate houses. It is interesting that coffee plays a central role in this fight between Tata and Reliance.
Pret a Manger’s first store in Mumbai
Mukesh Ambani-led Reliance Industries has brought Britain’s iconic organic coffee chain brand Pret A Manger to India. Reliance Brands Limited, a subsidiary of Reliance Industries, has told Pret a Manger that the first store in India will start this year. The store will be located at Maker Maxity in Mumbai. Pret a Manger’s first Indian store is modeled after Pret’s London stores. This store has been built in 2,567 square feet, which also has dining space.
This is how Starbucks’ entry happened
The entry of Starbucks in India was done with the help of Tata. The Tata group and Starbucks formed a joint company with a 50:50 stake to start the business of the American coffee chain in India.
Tata Starbucks outlets
Starbucks is currently the biggest name in the cafe space in India. Tata Starbucks has rapidly increased business in India during the last few years. During the financial year 2021-22, Tata Starbucks had started 50 new stores, which is the highest number of stores opened by any company during any one year so far. Currently, Tata Starbucks has 275 outlets across 30 cities in India.
doing business in these countries
Talking about Pret a Manger, it started in 1986 in London. Currently, this company is running stores in countries like America, Hong Kong, France, United Arab Emirates, Switzerland, Singapore and Germany apart from UK. Now India’s name is going to be added to this list. Presently there are around 550 Pret a Manger outlets across the world. It is clear that Tata Starbucks can get a tough challenge from Pret a Manger.
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