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
  • Jinnie Jaaz Shares Her Excitement for ALTT’s Dons And Darlings and Upcoming Projects Lifestyle
  • SkillArbitrage Empowers Indian Talent with AI Skills for Global Success  Business
  • “Quality, Customer Experience & Trust”, In conversation with Taral Shah, the man behind Gujarat’s most progressive Real-Estate Group, ‘Shivalik’ Business
  • QuickTech Technology Pvt Ltd and Parul University sign MoU to set up an iQuickLab on the PU Campus Technology
  • KSB Limited bags order worth INR 500 Crores for 700 MW nuclear power plant from NPCIL Business
  • SEPC Ltd Announces INR 35 Crore Rights Issue; Bags INR 18 million Order from Bajaj Energy Business
  • Geonix champions Tech-led philanthropy Business
  • MMRDA Region Welcomes Patel Retail’s 47th Store, Boosting Regional Reach Business

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

  • Marwadi Financial Services unveils research-backed Pre-IPO investing solution for Indian investors Business
  • Sree Metaliks Doubles Production Capacity to 1.50 Million Tonnes, Reinforcing Commitment to Excellence and Sustainability Business
  • QualityKiosk Technologies Named Partner of the Year 2021 by Katalon Studio Business
  • BigBloc Construction Ltd reports Net Profit of Rs. 8.6 crore in Q3FY24, rise of 11.7% Y-o-Y Business
  • Crossroads: To Fund or Not To Fund? Business
  • Shreeji Global FMCG Ltd delivered record-breaking financial performance in FY2026; PAT up 62.83 Percent at Rs. 1,992.04 lakh Business

Recent Posts

  • SAKTU Brings Bihar’s Traditional Food Heritage to Noida Kali Bari’s Durgotsav 2026, Championing Rural Livelihoods and Authentic Indian Nutrition
  • Parul University Goa Marks Navratri with a Celebration of Culture, Tradition and Togetherness
  • Vedic Scholar and Astro-Palmist Dr. Kumar Vasist Completes Over Three Decades Preserving Ancient Indian Ritual Traditions and Epigraphy
  • ENS Enterprises Launches Zuniar, Marking Its Transition from Technology Enabler to Digital Commerce Operating Partner
  • Beyond Sabudana and Kuttu: Fresh Ideas to Bring Avocado to the Navratri Table

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • Mr. Subhash Ramdin Prajapati Announces Launch Of New Fashion Brand For Women – Navyara Fashion Business
  • No damage due to oil spill near Uran Business
  • Indian Brand and Leadership Conclave 2023 by The Brand Story Concludes Successfully Business
  • At Millionaire Track, the Focus Is On High-Quality Education to Upskill the Younger Generation in India Business
  • Mukul Purohit’s Kontent Media on Why Every Corporate Is Becoming a Content-First Company Business
  • Cupid Limited Welcomes GST Rate Rationalization as a Big Boost to FMCG Growth Business
  • Book with Biographies of People from 11 Countries Unveiled At International Award Function Press Release
  • The actor turns Director Sandeep Baswanas debut Hindi film Haryana Trailer out   Entertainment

Copyright © 2026 Daily News India.

Powered by PressBook News WordPress theme