Apple iStore Opened In Hyderabad

By Nikhil Pahwa Mar. 7, 2008, 10:27am 12 Comments

After Bangalore, the second Apple (NSDQ: AAPL) iStore has been opened in Hyderabad by Reliance Digital, reports the Financial Express. Reliance Digital, a part of Mukesh Ambani’s Reliance Retail, intends to open around 20 stores across India this fiscal. Ajay Baijal, CEO of Reliance Digital, told FE that each store – around 2000 sq ft – will require an investment of Rs. 7-8 crore, and will retail the entire range of Apple products, as wella s 500 accessories. The company expects a revenue of Rs. 10-12 crore per year. More on Reliance Retail’s plans at FE.

Related links
– Reliance Inks Distribution Deal With Apple