Introduction
India’s vast middle class and its almost untapped retail industry are key attractions for global retail giants wanting to enter newer markets. Driven by changing lifestyles, strong income growth and favourable demographic patterns, Indian retail is expected to grow 25 percent annually.
Modern retail in India could be worth US$ 175-200 billion by 2016. With the economy booming, competition in the marketplace is fierce. According to 'Retail in India Getting Organized to Drive Growth', a report by AT Kearney and the Confederation of Indian Industry, retail is one of India's fastest growing industries with a 5 percent compounded annual growth rate and expected revenues of US$ 320 billion in 2007. Rising incomes, increasing consumerism in urban areas and an upswing in rural consumption will fuel this growth to around 7-8 percent. KSA – Technopak, a retail consulting and research agency, predicts that by 2010, organized retailing in India will cross the US$ 21.5 billion mark from the current size of US$ 7.5 billion.
March 16th 2004 marked the beginning of a new era of Apple Retail in India through us. Apple opened it's first retail store through Ample Technologies, it's largest Authorized Premium Reseller in India. This retail outlet was opened keeping with the tradition of the $6.21 billion Cupertino, California based company not investing directly. Our store was established with experience & expertise of Apple Retail worldwide when IT retail in India was in its infant stages or almost non-existent. We have best of the brands associated with the store. Customers get the world-class experience, which combines trained manpower assisting in deciding on world-class products and choice for range of accessories. We provide "Limited Services Points" for all brands. Our store has won numerous awards for performance & quality. We intend to have many more stores to our credit in the coming years.
