Apple to partner with Tata Group to bring 100 exclusive Apple stores to India: report
Chip Somodevilla


India's Tata Group is partnering with Apple (NASDAQ:AAPL) to bring 100 stores that exclusively sell the tech giant's products, the Economic Times reported.
The news outlet, citing two people familiar with the matter, noted that Tata Group's Infiniti Retail will become an Apple-authorized reseller and create stores that are roughly 500 to 600 square feet each in places such as shopping malls, "high-end" and neighborhood locations.

In addition, the Economic Times noted that the smaller stores will mostly sell iPhones, iPads and the Apple Watch, while the larger stores will have all of Apple's (AAPL) products, including MacBooks.
Cupertino, California-based Apple (AAPL) did not immediately respond to a request for comment from Seeking Alpha.
Apple (AAPL) shares rose fractionally to $142.68 in premarket trading on Monday.
Last week, Apple (AAPL) and Ericsson (ERIC) signed a global patent cross-license agreement for the latter's patented cellular standard -essential technologies.