coolrajiv 1 Report post Posted March 6, 2008 Reliance Digital to Open 60 iStores Across India Reliance digital, the IT consumer durable arm of Reliance Retail, plans to open 150 digital stores and 60 iStores or Apple stores across the country. While digital stores offer a wide range of consumer durables, iStores are exclusively for Apple's products for professional and consumer segments. Launching its second iStore in Hyderabad, the company officials said 50 to 60 such stores would be rolled out in 20 top cities in the next 18 months while 150 digital stores would come up over the next two to three years. Spread over 2,875 sq ft, the iStore offers the entire range of Apple products for professional and consumer segments such as iMac consumer desktop computers, MacBook consumer notebooks, Mac Pro and MacBook Pro, iPods and entire suite of Mac software along with over 500 accessories and peripherals. Among the products offered at iStore is MacBook Air, the world's thinnest notebook computer priced at Rs. 99,000. Ajay Baijal, president and CEO of Reliance Digital, told newsmen on the occasion that they planned to open 20 such stores this year. "Apple is one of the iconic bands and offers most innovative products. We are the first company to offer these products in retail," he said. Each iStore will have 2,000 to 3,000 sq ft area and will be set up at a cost of Rs.7-8 million. "Our endeavour is to be competitive and offer installation and best service," he said pointing out that Apple trained the store employees. The Reliance Digital stores will have a space of 20,000 to 25,000 sq ft each and will offer wide range of consumer durables from different brands. The investment in each of these stores (excluding land) will be Rs.3,000 per sq ft while the company expects a business of Rs.50,000 to Rs.60,000 per sq ft. The digital business is expected to be 10 percent of the total revenues of Reliance Retail. Reliance Retail Ltd is a subsidiary of Reliance Industries Ltd, India's largest private sector company. Started in November 2006, it operates over 500 stores in over 49 cities. Its formats cover groceries, vegetables, fruits, apparels, wellness products, consumer durables and IT products, Apple products, footwear, jewellery and music. Share this post Link to post Share on other sites
vishalkumar 0 Report post Posted March 6, 2008 ^^^ Great news. I will be visiting the store soon to check it out. Share this post Link to post Share on other sites
savramesh 37 Report post Posted February 21, 2009 Any updates on Reliance Digital, what's their official website? where do they have stores ? Share this post Link to post Share on other sites
KumaarShah 143 Report post Posted February 21, 2009 ^^^ One has already opened some 4 to 5 months back at R K Salai, Chennai. They have good collection of all Apple products, but they are ridiculously priced for other electronic gadgets like pendrives, ext hard disks, etc. A 4GB pendrive was marked something around 2.2.k, whereas it is available everywhere for around 700 to 800 bucks. EHDs were also expensive at around Rs 8k for a 160GB/250GB. It is available at sub 4k elsewhere...Check prices before you buy. Share this post Link to post Share on other sites
Venkatagiri 53 Report post Posted February 22, 2009 Reliance Digital to Open 60 iStores Across IndiaReliance Retail Ltd is a subsidiary of Reliance Industries Ltd, India's largest private sector company. Started in November 2006, it operates over 500 stores in over 49 cities. Its formats cover groceries, vegetables, fruits, apparels, wellness products, consumer durables and IT products, Apple products, footwear, jewellery and music. Super appu, Reliance has to start the following further to complete Reliance Schools and Colleges Reliance Hospitals Reliance Milk Reliance Garments Reliance Airlines Reliance Bus Transport Reliance Hotels Share this post Link to post Share on other sites
savramesh 37 Report post Posted February 22, 2009 (edited) ^^^^ They have already started metro train project in mumbai.. Mumbai Metro Edited February 22, 2009 by savramesh Share this post Link to post Share on other sites
Sadikk 301 Report post Posted February 22, 2009 They have already started metro train project in mumbai.. They are just building it for mumbai government. they making it under Reliance infra, which is owned by ADAG not RIL. Apple stores are part of RIL group i.e Mukesh Ambanis. all other services like hospital, schools, airlines are ADAG projects. Share this post Link to post Share on other sites
savramesh 37 Report post Posted February 23, 2009 ^^^^ even though they are 2 diff groups ADAG and MDAG, i have only one name in mind "Reliance" provided that they both never do a same business in diff names... Share this post Link to post Share on other sites
