Get All Access for $5/mo

Tata To Open 100 Apple Stores In India Apple is in talks with Tata-owned Infiniti Retail, which runs the Croma stores chain, for the venture, said a report by ET

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

pexels

The Tata Group will soon open 100 small exclusive Apple stores of 500-600 sq ft each across the country. Apple is in talks with Tata-owned Infiniti Retail, which runs the Croma stores chain, for the venture, said a report by the Economic Times (ET).

The Apple stores will be opened in malls as well as high-street and neighborhood locations and will be smaller than Apple Premium Reseller stores. Typically, Premium Reseller stores spread over 1,000 sq ft. The smaller stores will sell iPhones, iPads and watches. "Tata has already started discussions with premium malls and high streets for space," the report added. According to the Economic Times, the terms of the lease include details of brands and outlets that cannot be opened near the stores.

Neither Apple nor Tata Group has made any comment regarding the exclusive stores yet.

In September, Bloomberg reported: Tata and Taiwan's Wistron – one of Apple's top vendors in India – were in discussion to set up a joint venture to assemble iPhones in India.

According to a CMR report, in the second quarter of 2022, Apple shipped nearly 1.2 million India-manufactured smartphones.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Business News

Y Combinator Helped Launch Reddit, Airbnb and Dropbox. Here's What I Learned From Its Free Startup School.

The famed startup accelerator offers a free course on building a business — and answers five pressing questions for founders.

Green Entrepreneur®

6 Ways to Profitably Integrate Eco-Friendly Practices into Your Business

Sustainability efforts can improve operational efficiency, increase customer demand and boost profitability. Here, we highlight six easy ways entrepreneurs and small businesses can capture the financial benefits of sustainability.

Science & Technology

Why We Shouldn't Fear AI in Education (and How to Use It Effectively)

Facing resistance to new technologies in the educational process is nothing new, and AI is no exception. Yet, this powerful tool is set to overcome these challenges and revolutionize education, preparing students and professionals for a future of unparalleled efficiency and personalized learning.

Business News

A Former Corporate Lawyer Now Makes Six Figures on YouTube — Here's How She Does It

Here are the secrets to starting and growing a successful YouTube channel, according to a YouTuber with millions of subscribers.

Business Culture

You'll Always Have Anxious Employees if You Don't Follow These 4 Leadership Tactics

Creating a thriving workplace environment hinges on the commitment of company leaders to nurture and inspire their teams.