Tata Starbucks, the 50:50 joint venture between Tata Consumer Products and Starbucks Corporation, has narrowed its net loss in FY26 and crossed the 500-mark in terms of stores. The disclosures were made in Tata Consumer’s FY26 annual report released on Monday. The improved financial performance also comes at a time when the Tata Group and Starbucks are revamping their India strategy by pivoting the JV, which runs Starbucks cafes, toward cost-effective stores and more locally-tuned pricing and menu options. The strategic reset comes amid a broader discretionary slowdown and competitive out-of-home retail market in India, experts said, compelling global brands such as Starbucks to slow down aggressive store rollouts and focus on unit economics instead.