Ample’s 35 percent revenue target may sound bold, but the timing looks perfect. Demand for Apple hardware keeps on increasing, Apple itself is investing in local retail, and New Delhi’s push for domestic production is lowering price tags and shortening supply chains. That backdrop should give every new Ample store a ready-made customer base.
Today, many mid-sized towns in India are full of young people with good jobs who want to buy the latest gadgets, but they don’t have fancy stores nearby. So, if Ample opens Apple-style shops in these towns before anyone else, it gets a big head start. And if those shops also offer things like fitness bands and smart home gear, people will likely buy more than just a phone. That means that more people are walking in and walking out with full bags.
If Ample decides to go public, the shares might not come cheap but that probably won’t stop the investors. With 75 new stores on the way and India’s booming demand for premium tech, the company has all the right ingredients for major growth. If the team plays it right, Ample won’t just be seen as another Apple reseller. It could become the top destination in India for smart gadgets, cool brands, and everything in between. 2026 might just be the year Ample truly takes off.
Reuters – “Indian Apple reseller Ample to grow revenue by a third as it expands presence, portfolio, CEO says”. Ample, the Bengaluru-based company that already runs more than 120 tech stores across India, says that it can boost its revenue by roughly a third in the year ending March 2026. How? By opening dozens of new shops and widening its product range. Chief executive Rajesh Narang explains that Ample wants about 175 stores within three years (up from today’s 120-plus) and nearly fifty of those outlets already fly the Apple flag. Big names such as Infosys, Wipro, SAP, and Broadcom buy their Apple gear from Ample, so the reseller’s client list is as premium as its products. Ample’s latest full-year revenue came in at 17 billion rupees (about $197 million). India has become one of Apple’s fastest-growing markets, with nearly $8 billion in sales clocked in the year to March 2024.
