Tag: apple tata

Tata Group to open 100 exclusive Apple stores in India -report
Technology

Tata Group to open 100 exclusive Apple stores in India -report

[ad_1] Indian salt-to-software conglomerate Tata Group plans to open 100 stores across the country that will only sell Apple Inc products. Indian salt-to-software conglomerate Tata Group plans to open 100 stores across the country that will only sell Apple Inc products, the Economic Times newspaper reported on Monday, citing two people aware of the matter. Tata Group's Infiniti Retail, which runs the consumer electronics store chain Croma, will be an Apple-authorised reseller and set up stores at shopping malls, high-street and neighbourhood locations, the report said. Tata has begun talks with premium malls and high streets and the lease terms include details of brands and stores that cannot be opened near these outlets, a retail consultant aware of the matter told the publicati...
Tata in talks to buy Apple vendor Wistron’s India facility for up to $613 million -report
Technology

Tata in talks to buy Apple vendor Wistron’s India facility for up to $613 million -report

[ad_1] Tata Group is in talks to buy Wistron Corp's only manufacturing facility in India for up to 50 billion rupees ($612.6 million). Tata Group is in talks to buy Wistron Corp's only manufacturing facility in India for up to 50 billion rupees ($612.6 million), the Economic Times business daily reported Wednesday, citing people familiar with the discussions. If it fails to strike a deal to buy the facility in the southern Indian state of Karnataka, Tata could consider a joint venture with Taiwan's Wistron – one of Apple Inc's top vendors in India – the report said, citing sources close to Tata. Tata Electronics, a unit of salt-to-software conglomerate Tata Group, already supplies components to Apple from its Hosur unit in Tamil Nadu, which neighbours Karnataka, according to the ...