The world's largest coffee chain Starbucks posted its slowest sales growth in India since the pandemic in FY24. Starbucks India unit, formed in partnership with Tata Group, clocked net sales of ₹1,218 crore, a growth of 12% during the year ended March 2024. In comparison, Starbucks saw a compounded annual growth rate of 21.89% between FY17 and FY23 in India.