Today, Tata Starbucks partners (employees) in India can receive special financing support to purchase

Today, Tata Starbucks partners (employees) in India can receive special financing support to purchase

Tata Starbucks Responds to Employees with First-of-its-Kind Transportation Benefit in India

Created based on a survey of Tata Starbucks partner (employee) needs, Tata Starbucks Two-Wheeler Program provides partners with financial assistance to purchase their own two-wheeler vehicles for their work commute or daily life

India; February 9, 2021 – Today, Tata Starbucks partners (employees) in India can receive special financing support to purchase a two-wheeler vehicle for professional or personal use. Tata Starbucks Two-Wheeler Pro gram provides partners with a range of financial benefits designed to enhance independence and create more aff ordable transportation options.

As India’s urban population continues to grow, public transportation remains a key challenge. In a survey of Tata Starbucks partners, reliable transportation was among the top areas of concern. Tata Starbucks created the pr ogram to empower partners in India by creating easier, more affordable ways to become vehicle owners and improve their commuting experience.“Partners are the heartbeat of Starbucks, and we know that transport is a key concern for many. We’re proud that this program will be able to provide partners with a range of options for their daily transport needs. We hope the program gives our partners additional peace of mind during their co mmute and throughout their daily lives,” said Navin Gurnaney, ceo, Tata Starbucks Pvt. Ltd.

Tata Starbucks will provide partners who opt in to the program with a salary advance to cover the down pay ment for their chosen vehicle, as well as reduced rate loans and discounts on a range of different models, inc luding electric and second-hand vehicles. For full-time partners with a tenure of more than two years, the com pany will also contribute towards vehicle down payments.In addition, partners can apply for financial sup port to purchase new two-wheeler vehicles, benefit from discounts on electric vehicles, as well as on used and refur bished vehicles according to their preference. Those looking to upgrade their existing vehicle can also sell it directly through the program and receive a discount on a new vehicle.

All partners that have worked for the company for a minimum of six months can take part in the scheme. Tata Starbucks is also offering educ ational road safety workshops to all partners who sign up to promote safe driving and driver responsi bili ty.“S ince opening our first store in India in 2012, we’ve committed to supporting and empowering our partners throughout their careers with Starbucks.

We are always looking for new ways to address the issues that affect our partners and make their experience better and more valuable, and are excited to offer this unique benefit for our partners in India,” said Sara Trilling, president, Starbucks Asia Pacific.

The Tata Starbucks Two-Wheeler Program builds on Starbucks long history of supporting partners in India through industry-leading benefits, including a company-wide, five-day workweek – a first-of-its-kind initiative in the ind ustry in India– as well as com pr ehensive medical benefits, counselling, education and wellness programs, among others.

About Tata Starbucks Private Limited

Starbucks entered the Indian market in October 2012 through a 50/50 Joint Venture with Tata Consumer Pro ducts Ltd and currently operates 216 stores in India across 17 cities, Mumbai, Delhi NCR, Hyderabad, Chennai, Bengaluru, Pune, Kolkata, Chandigarh, Ahmedabad, Surat, Vadodara, Lucknow, Amritsar, Kochi, Ludhiana, Bho pal & Indore through a network of over 2,000 passionate partners (employees). Starbucks stores are operated by the joint venture, TATA Starbucks Private Limited, and branded as Starbucks Coffee – “A Tata Alliance.”