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Ambani Jio mall

Apple to pay over Rs 42 lakh rent to Ambani-owned mall for first retail store in India, ‘no entry’ for rivals

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 best out of it, the tech giant has reportedly leased an ‘exclusive zone’ in the Ambani-owned mall. According to a report by the Economic Times, Apple’s lease agreement bars 22 competing brands including Amazon, Facebook, Google, LG, Microsoft, Sony, and others from…