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
  • Nitupam Dihingia, the Hot and Cute Combo Actor from Assam Is the New Heartthrob of Many Girls Lifestyle
  • VCare Launches Centre of Excellence, Introducing Single-Day Facial Architecture Business
  • Kohinoor Eden is the fastest project of Kalyan: 23-Storey RCC Completed in 8 Months using Malaysian Technology Business
  • WattPower inks fame agreement with Renew Power to supply 1.2 GW of string inverters by Dec 2023 Business
  • Rishika Chaudhary Crowned as Beauty Quest Bharat Season 2 Grand Finale Lights Up Jaipur Entertainment
  • Ahmedabad to Relish Lost Flavors at Ishaara’s 15-Day Undivided Punjab Pop-Up Menu Business
  • “Be job creators, not job seekers” — Union Minister Chirag Paswan’s advice to youth at Parbhani Lifestyle
  • Celebrating Ajay Devgn and Tabu’s 10th Big Screen Reunion, NH Studioz Unveils ‘Auron Mein Kahan Dum Tha! 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

  • GSTHero GSP Becomes the Best Tax Technology Provider: TIOL Tax Congress awards 2022 Business
  • Growth Expo Maharashtra- India’s leading Franchise & Startup Expo Business
  • Alteryx Brings Governed Business Logic to Enterprise AI at Gartner Data & Analytics Summit 2026 Business
  • Gaurik Fashions Eyes Retail Expansion With IPO Filing; DRHP Includes Fresh Issue of 62 Lakh Shares Business
  • MyRatna Expands Offerings with Launch of Exquisite Gemstone Jewelry Collection Business
  • Surya Jayraj Sets Up Surya Institute Of Film and Arts (SIFA) To Help Aspirants Build Successful Careers In The Indian Film Industry Business

Recent Posts

  • PC Jeweller Completes Debt Clearance Formalities, Secures Release of Mortgaged Assets
  • Würfel Unveils The Mansion: A New Destination for Luxury, Design & Architectural Dialogue
  • IEM, UEM bring Global Research Exposure to Indian Students, Faculty at IEEE UEMCON 2026 in New York
  • Kisan Cricket League Launches One of India’s Largest Nationwide Talent-Hunt Platforms, Taking Rural Cricketers and Music Performers to The National Stage
  • Kolkata culturist Sundeep Bhutoria inaugurates India National Stand at Frankfurt Book Fair 2026

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • A one-stop selling and sourcing platform with excellent quality for textile and garment production on display at one of India’s largest textile shows Business
  • Policy Makers and Celebrities laud India’s march towards USD 10 Trillion Economy at LIBF Expo 2024 Business
  • Vishal Agarwal takes over as BNI Prometheus President Business
  • SMS-Lucknow’s Placement Performance Earns Acclaim in Central UP Education
  • Dr. Dharavath Srinivas Naik Appointed as State Coordinator for AASRAA, India’s Largest Consumer Rights Organization Business
  • Atharv Aaradhyam Sets a Green Standard with IGBC Gold Status Business
  • Magsmen and VIT AP Partnership: A Catalyst for Innovation and Entrepreneurial Success Business
  • K Raheja Corp Homes making ultramodern abode for Pune’s new-age customers Business

Copyright © 2026 Daily News India.

Powered by PressBook News WordPress theme