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According to reports, the Tata Group intends to construct a few compact, exclusive Apple stores soon. These stores, which are anticipated to only offer Apple products, will be situated in shopping centers, residential areas, and a select few other locations.

The Tata Group intends to establish similar little, exclusive Apple stores all around the nation, according to a story in the Economic Times. Apple is working with Croma retail chain operator Infiniti Retail, which is owned by Tata, on this.

Overview

According to the article, Infiniti Retail would thereafter join Apple's network of franchisees. These 100 tiny, specialized shops, which can be referred to as Apple Authorized Resellers, are anticipated to have 500–600 square feet of space apiece.

They will be distinct from and smaller than Apple Premium Reseller outlets, which typically have the square footage of 1,000. As the larger stores will sell MacBooks and the whole Apple line, it is also anticipated that these modest 100 exclusive boutiques will concentrate mostly on selling iPads, iPhones, and watches.

More information won't be available, though, until the idea materializes. According to the report, there are already 160 Apple Premium Distributor locations in India. This relationship between Apple and Tata comes as Apple prepares to open its first company-owned flagship shop in Mumbai soon.

Mumbai is set to host the opening of Apple's first company-owned flagship shop in India during the third quarter of March. The business has leased space of about 22,000 square feet close to the Bandra-Kurla complex.

The company has reserved about 12,000 square feet in New Delhi for the opening of its second Apple Store. Apple is also anticipated to open official stores in Chennai, Hyderabad, and Bengaluru in addition to New Delhi and Mumbai.

With this action, the Tata Group continues to expand its portfolio of business ventures and relationships. Following the announcement of Air India's merger with Vistara, the group recently gained media attention. Additionally, the organization intends to start producing semiconductor chips in India to elevate the status of the nation.

According to a retail consultant informed of the process, Tata has already begun talks with high-end malls and high streets for space. And the lease requirements include information on brands and stores that cannot open close to the outlet. The individual said that these terms are comparable to those that Apple demands.

Image Credit-mashable

The Cupertino-based tech giant's first company-owned flagship shop is expected to open in Mumbai in the third quarter of this year, which coincides with the announcement of the Tata-Apple alliance.

Calls and emails from Reuters to Apple and Tata Group requesting comment were not immediately returned. The most recent development occurred less than two weeks after the Economic Times published a report claiming that the Tata Group was in negotiations to purchase Wistron Corp's sole production facility in India for up to US$605 million.

According to a September Bloomberg article, Tata and Taiwan's Wistron, one of Apple's top suppliers in India, were in talks to establish a joint venture to make iPhones there.

Views

The maker of the iPhone and iPad has also informed its regional franchise partners that the company-owned outlets help all partners and retailers do better business. According to a business expert, Apple anticipates the same in India.

India has become one of the company's fastest-growing regions, and as a result, there has been a steady increase in the number of Apple consumers there. Since the outbreak, the tech giant's performance in India has reached an all-time high as consumers have preferred to buy the newest iPhones, iPads, and PCs.

The experts in the field also stated that Apple has informed its regional franchise partners that its corporate stores boost sales for both partners and merchants. Between July and September, approximately 1.7 million iPhones were sold in India, claims CyberMedia Research (CMR). Apple is concentrating on increasing sales in India and intends to increase its production capacity.

Since the iPhone 6S, Apple has been building iPhones in India, and it is currently working with local partners to produce the iPhone 14 basic model there as well. Apple considers India to be a great manufacturing alternative in light of the company's over-reliance on China for production, and it may soon begin producing iPads there as well.

Conclusion

The idea of enjoying apples in India appears to be finally becoming a reality. Infiniti Retail, a company controlled by the Tata Group, is reportedly planning to launch Apple Stores around the nation, beginning in the Mumbai area.

With the change, Apple's local retail operations will probably be on par with those of its international ones. The agreement is probably advantageous for both businesses given that the Tata group owns a sizable portion of Infiniti Retail.

As the situation develops, we'll keep you informed!

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Tata Group plans to open 100 small exclusive Apple stores

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