Tata Group acquires Apple Franchise; plans to open 100 stores by 2023

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Tata Group-owned Infiniti Retail which runs the electronics store Croma will reportedly be opening 100 small exclusive Apple stores across the country.

According to the Economic Times, Tata subsidiary Infiniti Retail will become an Apple franchisee, opening 500 sq ft – 600 sq ft stores in malls, high-end streets, and posh neighbourhoods. These stores, unlike the premium Apple stores, will be smaller in size and will primarily sell iPhones, iPads, and watches. Newer Apple stores will be unable to open in areas where Tata has established Apple outlets.

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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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Tata Group acquires Apple Franchise; plans to open 100 stores by 2023

Tata Group-owned Infiniti Retail which runs the electronics store Croma will reportedly be opening 100 small exclusive Apple stores across the country.

According to the Economic Times, Tata subsidiary Infiniti Retail will become an Apple franchisee, opening 500 sq ft – 600 sq ft stores in malls, high-end streets, and posh neighbourhoods. These stores, unlike the premium Apple stores, will be smaller in size and will primarily sell iPhones, iPads, and watches. Newer Apple stores will be unable to open in areas where Tata has established Apple outlets.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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