Yesterday, it was reported that Apple CEO Tim Cook could visit India this week to meet PM Narendra Modi. Now, a new report from Factor Daily is stating that the company will set up three of its own retail stores — the iconic Apple Store — in Delhi, Bangalore and Mumbai within the the next 18 months i.e., by 2017.
Each of these stores are said to be spread across 10,000 square feet and will be located at popular locations of these metros. As per a source, Apple executives are searching real estate for these stores that will need investment of $3 million to $5 million (₹20 crore to₹33 crore) each. The report goes on saying that a team of 40 Apple executives has been working on the project in Gurugram office for past few months.
Apple currently retails through large format electronic stores and exclusive stores it calls Apple Premium Resellers in the country.
The official announcement about the accelerator will be made later this week with Cook’s visit to India. Sell of refurbished iPhones and initiatives for startups and digital India will be some of the major discussion points for Cook’s visit to India. Apple might be in the eight spot in the Indian smartphone market but the company’s shipments grew 56% making it the second fastest smartphone maker from among the top 10 vendors.
No comments:
Post a Comment