Revamped menus and menu-cards, uniforms and store interiors have been readied in tieup with designer Rina Dhaka for the 12-year-old Barista, which was taken over by Italian coffee major Turin-based Lavazza in 2007.
Sources close to the development said Lavazza would acquire the majority stake in Barista from ace investor C Sivasankaran
The company has a production facility in Sri City in Andhra Pradesh.
Despite rosy projections the fact remains that wine in India is not seen as an approachable beverage.
Since debuting in India in October 2012, the company has opened 15 Starbucks stores across Mumbai and Delhi.
A consummate deal-maker, the former Aircel boss raked in the moolah in many, but lost a packet in several others.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran