Reliant setting up ‘iStores’ in India

Posted by Dennis Sellers Apple ico Oct 9, 2007 at 5:22pm

imageIndia—Apple is collaborating with Reliance Retail for an exclusive marketing and distribution deal to open retail stores in India, reports TechWhack. Reliance plans to open “iStores” in major cities, starting with Bangalore later this month.

This deal is the first exclusive alliance for Reliance Retail with an international brand. The company is planning to open 10 such stores throughout the country by the end of the current year, notes TechWhack.

The Reliance Group, founded by Dhirubhai H. Ambani, is India’s largest private sector enterprise, with businesses in the energy and materials value chain. Group’s annual revenues are in excess of US$ 27 billion. The flagship company, Reliance Industries Limited, is a Fortune Global 500 company and is the largest private sector company in India.

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Dennis Sellers

Dennis has been a newspaper editor/reporter (seven years) and teacher (seven years). He has over 4,000 magazine, newspaper and online articles to his credit.  He has also covered the Mac and tech industries for over a decade for such online publications as MacCentral, MacMinute and now MacsimumNews.

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