Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • Green Leaf Hospital Honored with MY FM Award for Multispecialty Healthcare Excellence Business
  • Mitwa TV Network creates history with the launch of India’s 1st Subscription Free OTT News Channel! Business
  • Abhishek Goyal To Raise Equity Capital in eHealthSystem Technologies LLP up to Rs 2000 Crore Business
  • United Sikhs lauds the recognition of Vaisakhi at the Texas State Capitol Business
  • Students Farmers Rally – Walkathon Edition 2 to Raise Awareness on Food Security and Sustainable Agriculture National
  • Deccan Rice enters Chinese market Business
  • Yajur Fibres Limited IPO Opens on January 07, 2026 Business
  • Panorama Music acquires the music of film Joon Entertainment

Big-C mobiles eyes Rs 1,500 cr turnover in FY24, to open 150 new outlets in 2 yrs with the investment of around Rs. 300 Cr

Posted on August 22, 2023 By

Big C Brand Ambassador & Super Star Mahesh Babu & Big C Founder & CMD Mr M. Balu Chowdary, Directors Mr. Y. Swapna Kumar, Mr G. Balaji Reddy, Mr Kailash Lakhyani, Mr R. Goutham Reddy

Hyderabad (Telangana) [India], August 22: City-based multi-brand mobiles retail chain Big-C mobiles has targeted a turnover of Rs. 1,500 crore in the current financial year. The company achieved Rs. 1,000 crore turnover in 2022-23. “Currently, we have 250 outlets across Telangana, Andhra Pradesh and Tamil Nadu. We are aiming at taking the outlet count to 400 by opening 150 new outlets in two years with the investment of around Rs.300 Cr. We are also growing our portfolio of products beyond mobiles. Introducing more and more electronics and gadgets. We will enter more markets. We have a strong 3 crore customer base,” said M.Balu Chowdary, Founder, Chairman and Managing Director, Big-C. 

Balu Chowdary addressed the media here on Sunday (Aug 20, 2023) along with Big-C Brand Ambassador, Tollywood heartthrob Mahesh Babu and Big-C Executive Director Swapna Kumar, Directors Balaji Reddy, Goutham Reddy, Kailash after unveiling samsung’s new flip and fold phones as a part of the celebrations to mark the completion of two decades in multi-brand mobiles retailing.

“Big-C started its operations on December 23, 2002. We have successfully completed two decades by achieving market leadership in mobile retailing in Telangana and Andhra Pradesh. We will maintain the top position in the third decade as well. We will increase our headcount to 4,000 in two years from the current 2,500,” he said.

Big-C began organised retailing in the country…

Balu Chowdhary said Big-C has the credit of turning mobile handsets retailing into an organised activity in the country. “We have been appointing brand ambassadors since 2006. It is the first time in India that a retail company has appointed a brand ambassador. Also, we are the first one to make touch and feel possible by displaying mobile handsets in the outlets,” he explained.

Pointing out that Big-C brought new mobile models to customers from time to time, he said Big-C achieved market leadership because of customer trust; quality services, products, better experience it offered; and dedication of its 2,500 employees. “The journey of Big-C will continue unhindered as long as mobiles exist. We are providing services to three generations in each family’, he said.

Delivery in 2 hours..

Balu Chowdhary said that Big-C in collaboration with mobile manufacturers is offering modern mobiles to customers in tune with changing dynamics of the telecom sector. He further said that 5G mobiles will create sales records in the coming days.

“There has been consolidation in mobile retailing after Covid-19 pandemic, and the share of offline sales increased to 65 per cent. There is no impact of online sales on Big-C as customers are aware of the benefits of buying mobiles from Big-C stores. However, we are also present online and we give delivery within two hours If one buys a mobile on Big-C portal. Sales of TV’s have also picked up at Big-C outlets,’ he said.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Business Tags:Business

Post navigation

Previous Post: Journey through Time: The Legacy of Shafia India
Next Post: Global Top Five Leading Testing Instruments Manufacturers

Related Posts

  • From Foundations to Future: The Legacy of Ajmera Cityscapes Business
  • TLF, The Liquor Fort gets Coveted “Biggest Retailer of the Year Gold Award” at the Spiritz Conclave and Achievers’ Awards 2023 Business
  • Krishca Strapping Solutions Reports Strong H1 FY26: Total Income INR 92.77 Cr Up 45% YoY, EBITDA Jumps Nearly 58% Business
  • The Metro Group starts booking of its newest flagship villa project, King’s Court; anticipates 10x growth by 2030 Business
  • Plot price rise in Rohtak and Bahadurgarh: One City projects give great returns to investors Business
  • Searching “Original Agarwal Packers and Movers” Online? Here’s What You Should Check Before Booking Your Move Business

Recent Posts

  • Vivekanand Education Society, Chembur & Trustee Lalit Tekchandani Launch Initiative for Civil Services Aspirants
  • Yuthika Professional Relaunches Moroccan Argan Oil for Advanced Salon Care and Hair Treatment
  • AutoSoft Training and Solutions Announces Advanced Learning Programs in CAD, Automotive Product Design and Embedded Systems
  • What to Do If Your Online Bank Account Opening Fails: Common Errors and Solutions
  • Vivekanand Education Society, Chembur & Trustee Lalit Tekchandani Introduce Civil Services Support Initiative

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • Balu Forge Industries Ltd Enhances Forging Production Capacity with Recent Acquisition Business
  • DPS Bhagalpur and DPS Greater Ranchi’s celebration of Azadi Ka Amrit Mahotsav with the 75-meter-long national flag march got included in the World Book of Records Press Release
  • Groundbreaking Pediatric Skull Surgery Performed in Surat by Shalby Hospital Health
  • AI Paradox in QA: Twice as Many Testers Fear Job Loss, But Adoption Keeps Climbing Technology
  • Surat’s 13-year-old Bhavika Maheshwari has written the 1st book on President Of India Draupadi Murmu Press Release
  • GHV Infra Projects Reports Strong Q1FY27 Performance; EBITDA Records 235.93% YoY Growth Business
  • B.A. Fashion Design at JAIN (Deemed-to-be University): Fashion Beyond Glamour, Built on Discipline Education
  • Leveraging Technology for Better Public Infrastructure Maintenance Technology

Copyright © 2026 Daily News India.

Powered by PressBook News WordPress theme