Starbucks inaugurated its first store in India on October 19 in the historic Elphinstone Building in south Mumbai. The company, in a joint venture with Tata Global Beverages, plans to open two additional stores in Mumbai - one in the Taj Mahal Palace hotel and another in the Oberoi hotel - before launching in New Delhi early 2013.

Starbucks CEO Howard Schultz with Tata group Chairman Ratan Tata at the inauguration of the first Starbucks outlet in India, in Mumbai. Employees of the newly inaugurated Starbucks India outlet at work in Mumbai.