Tata-promoted Infiniti Retail, which runs the Croma and Croma Zip stores, did not renew the agreement that finished in October and has begun setting up independent warehouses in Mumbai, Bangalore and Chennai, the paper said.
Woolworths offered strategic sourcing to Infiniti from its global network, although the partnership did not engage any financial investment, the report said.
“We are committed to our India business, our alliance with the Tatas and our retail electronics relationship with Infiniti Retail,” Woolworths said in an emailed.
Tata group’s external spokeswoman did not instantly respond to queries on the issue. Woolworth’s officials in India could not be reached for comment.