India’s Tata Group, which moves from salt to software, plans to open 100 stores across the country selling only Apple Inc products.
India’s salt-to-software conglomerate Tata Group plans to open 100 stores nationwide selling only Apple Inc products, the Economic Times reported on Monday, citing two people familiar with the matter. this topic.
Tata Group’s Infiniti Retail, Consumer Operations electronic device chain of stores, Croma, will be an authorized Apple reseller and set up stores in shopping malls, major streets, and nearby locations, report speak.
Tata has begun negotiations with high-end shopping malls and major thoroughfares and lease terms including details on brands and stores that cannot open near these stores, a sales consultant said. odd know about this matter said.
Apple and Tata Group did not immediately respond to calls and emails from Reuters requesting comment.
The latest developments come less than two weeks after the Economic Times reported that Tata Group was in talks to buy Wistron Corp’s sole manufacturing facility in India for up to 50 billion rupees ($605 million). ).
Taiwan’s Tata and Wistron – one of Apple’s top suppliers in India – are in discussions to form a joint venture to assemble iPhones in India, Bloomberg reported in September.
