Apple To Pay Over Rs 42 Lakh Rent To Ambani-Owned Mall For First Retail Store In India

According to a report by the Economic Times, Apple will pay over Rs 42 lakh in rent to the Ambani-owned mall for its first retail store in India. The lease agreement reportedly includes a clause that restricts entry for rivals of Apple.

Apple iPhone, AirPods, iPads and other Apple devices will soon be sold in India at the brand’s first retail store that will be opening soon at Reliance Jio World Drive mall in Mumbai. The launch of Apple’s first official store is long awaited and to make the ...

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