MAM
Tata Starbucks appoints Sumi Ghosh as CEO
MUMBAI: Tata Starbucks has appointed Sumi Ghosh as CEO with effect from 1 January, 2016.
The move comes in the wake of the company’s current CEO Avani Davda’s resignation. Davda has been instrumental in establishing the Tata Starbucks business and positioning Starbucks as the premier coffee house experience in India.
Tata Starbucks is a 50:50 joint venture between Starbucks Coffee company and Tata Global Beverages. The company said that Davda made the personal decision to pursue other opportunities and accordingly resigned from her current assignment as CEO.
Ghosh is an eight-year Starbucks partner and brings three decades of consumer retail experience.
Since its entry in the Indian market in October 2012, Tata Starbucks has opened as many as 70 Starbucks stores across the country
Brands
Emami names Dhruv Aggarwal as chief growth officer
Former Bain partner steps in as FMCG firm sharpens growth playbook
MUMBAI: Emami Limited has appointed Dhruv Aggarwal as its chief growth officer, effective 25 March 2026, following the resignation of Giriraj Bagri.
Aggarwal joins the FMCG major from Bain & Company, where he most recently served as partner. With over two decades of experience across consulting and strategy, he brings a global perspective shaped by work across India, the US, the UK and Germany.
During his tenure at Bain, Aggarwal advised consumer, retail and media companies on large-scale transformations, business turnarounds and growth strategies. He was also closely involved with India’s startup ecosystem, guiding early-stage ventures on scaling and digital expansion, while supporting private equity and venture capital firms on investment decisions.
His earlier stints include a brief role at Barclays Capital and operational experience at Jindal Power, giving him a mix of financial and industry exposure.
Academically, Aggarwal holds an MBA from Indian Institute of Management Bangalore and has also been associated with University of Illinois Urbana-Champaign as a PhD candidate and teaching assistant.
The appointment comes at a time when Emami Limited is looking to sharpen its growth strategy in a competitive consumer market. With a seasoned strategist now at the helm of growth, the company appears set to double down on transformation and expansion in the months ahead.
