Apple to launch official retail presence in India with Croma partnership
Consumers in India will soon get a taste of the Apple Store experience as local electronics chain Croma is preparing to launch store-within-a-store outlets at six locations in Mumbai and Bangalore.
Apple's partnership with Tata-owned Croma is expected to produce store-within-a-store concepts similar to those seen domestically at Best Buy and Target, reports The Economic Times. Five Mumbai stores -- in Malad, Juhu, Oberoi Mall, Phoenix Mall and Ghatkopar -- and one in Jayanagar, Bangalore will host Apple products in dedicated retail space measuring in at about 400 to 500 square-feet.
"We are proud to partner Apple to launch the Apple Store in India and extremely bullish about it," said Avijit Mitra, CEO of Croma parent company Infiniti Retail. "These stores will be modeled on the global design and will offer the best experience to consumers, showcasing the entire range of Apple products."
Each Croma location will boast a complement of Apple-trained employees, wooden tables, lighting elements and product displays familiar to anyone who has visited one of Apple's many international brick-and-mortar stores. According to the publication, Apple's decision to set up shop in India through retail partnerships is a strategic move to control customer experience without dealing with bureaucratic red tape.
Apple has for years been rumored to be looking to break into India's burgeoning marketplace. Initial reports claimed company executives met with potential partners as early as 2013 to discuss store-within-a-store initiatives designed to push iOS devices into smaller "tier II and III" markets. For now, it seems Apple is taking a top-down approach in limiting its retail expansion efforts to major metropolitan cities.
The Croma partnership comes just weeks after CEO Tim Cook met with Indian Prime Minister Narendra Modi to discuss potential investments in the country. Modi was in California last month to discuss investment opportunities with a number of Silicon Valley tech companies.
Apple's partnership with Tata-owned Croma is expected to produce store-within-a-store concepts similar to those seen domestically at Best Buy and Target, reports The Economic Times. Five Mumbai stores -- in Malad, Juhu, Oberoi Mall, Phoenix Mall and Ghatkopar -- and one in Jayanagar, Bangalore will host Apple products in dedicated retail space measuring in at about 400 to 500 square-feet.
"We are proud to partner Apple to launch the Apple Store in India and extremely bullish about it," said Avijit Mitra, CEO of Croma parent company Infiniti Retail. "These stores will be modeled on the global design and will offer the best experience to consumers, showcasing the entire range of Apple products."
Each Croma location will boast a complement of Apple-trained employees, wooden tables, lighting elements and product displays familiar to anyone who has visited one of Apple's many international brick-and-mortar stores. According to the publication, Apple's decision to set up shop in India through retail partnerships is a strategic move to control customer experience without dealing with bureaucratic red tape.
Apple has for years been rumored to be looking to break into India's burgeoning marketplace. Initial reports claimed company executives met with potential partners as early as 2013 to discuss store-within-a-store initiatives designed to push iOS devices into smaller "tier II and III" markets. For now, it seems Apple is taking a top-down approach in limiting its retail expansion efforts to major metropolitan cities.
The Croma partnership comes just weeks after CEO Tim Cook met with Indian Prime Minister Narendra Modi to discuss potential investments in the country. Modi was in California last month to discuss investment opportunities with a number of Silicon Valley tech companies.
Comments
Skeptics doubted Apple's ability to sell in volume -- and at a profit -- in China, and they've obviously done both.
I acknowledge that India has sales challenges different than China, but here's hoping that Apple charts a course to meet those unique challenges.
Eventually Apple will be looking to India for supplier factories too. India will be the next China for cheap labor. The difference is that India is the world’s largest democracy.
Cue @melgross....
(I agree with you).
Lalalalalala
Eventually Apple will be looking to India for supplier factories too. India will be the next China for cheap labor. The difference is that India is the world’s largest democracy.
It'S also the a huge bureaucracy ;-) and infrastructures are the pit, embarassing.
Until they get their shit together they're not getting all of Apple's business.
I don't care still doomed
Lalalalalala
You post often, yet nothing that adds to the discussion. Blocked, problem solved.
This is really a great news! I just can't wait until Apple opens up some Apple stores in India also. There is a tremendous upside for Apple in India, just like in China. The middle class in India are like Chinese buyers, who consider Apple iPhone as status symbol.
Ironic.
Still doooomed!!!!!11
India, China is like what you get what your status perceived in society. So, diamond,gold,name brand stuff like iphone, big house, imported car, big weddings, big talk... all these thing important cultural aspects and helps if you want nice girl to marry.
It is true in China for now, but it's changing. The new generations are different. We'll see.
India, China is like what you get what your status perceived in society. So, diamond,gold,name brand stuff like iphone, big house, imported car, big weddings, big talk... all these thing important cultural aspects and helps if you want nice girl to marry.
Yeah you right because I heard many times on TV
As per news buzzing that iPhone manufacturer Foxconn plans Apple plant in India and if this happens in near future, Indians will enjoy lower cost iPhones as this will bypass the heavy import duty levied on iPhones.
As per news buzzing that iPhone manufacturer Foxconn plans Apple plant in India and if this happens in near future, Indians will enjoy lower cost iPhones as this will bypass the heavy import duty levied on iPhones.
Sure. If that was how things worked, I would have asked by friends in China to buy me the iPhone as Foxconn has been building iPhones there from the very first iPhone and I would have gotten them for dirt cheap. If you are going to wait this to happen, you will be waiting for a long time and will end up buying the iPhone knock offs from USA (Ulhasnagar Sindhi Association) :-)