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
  • Nimisha Parekh Makes Her Mark In Asia Book Of Records With ‘Mehndikrit Ramayana’ Lifestyle
  • Bombay Industries Association Indoor Tournament 2025 Blends Sportsmanship with Networking Press Release
  • Tikitoro Launches Teens Anti-Acne Kit to Empower Young Skin Health
  • Marching Sheep Presents ELEVATE Confex and Awards: A Bold Step Towards Inclusive Leadership Business
  • Rustom Kerawalla’s Ampersand Group Partners with Samagra Shiksha Abhiyan to Transform India’s Education Landscape Education
  • Goel Ganga Group’s Founder, Chairman Mr. Jaiprakash Goel Receives Lifetime Achievement Award at Construction Times’ 6th BAM Awards Business
  • Ducon’s Early Carbon Capture Strategy Receives Policy Validation as India Accelerates CCUS Deployment Business
  • Top Cambodian Singers Collaborate to Showcase the Kingdom’s Culture: ‘Cambodian Pride’ 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

  • Alieus Hedge Fund Hosts Spectacular Event in Goa, India Business
  • Singer Suvarna Tiwari’s rendition ‘Babua’ starring Nawazuddin Siddiqui goes viral Business
  • IICSR Group has India’s first institute dedicated to Responsible business leadership Business
  • Indian Football Icon Bhaichung Bhutia enthralls over 500 Students of BIBS at their event “Management Life and Learning.” Business
  • Historic MoU signed between UEF and UNSDC at the UEF Trade Summit 2025 Inaugurated by the Hon’ble Minister for Industries, GoTN, Thiru TRB Rajaa Business
  • Viva ACP Appoints Superstar Anil Kapoor as Brand Ambassador, Marking a New Era in Cladding Innovation Business

Recent Posts

  • Subhash Choudhary : The ‘Accidental CTO’ whose journey from Bihar has been an engineering bestseller, has a net worth of Rs. 203 Crore.
  • From Vision to Legacy: How Jatin Manodra Built Double Bull into a Men’s Fashion Brand with Purpose
  • Whosthat360 Initiative Oriflame Presents WhosNext2026 Influencer Awards – East & Northeast Edition to Host a Grand Finale in Kolkata
  • Patil Automation Posts Robust FY26 Performance; PAT Jumps 35%, Revenue Up 28%
  • PayRupik Bags Top Honour for Customer Experience at Global LendTech Summit 2026

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • Panchshil Bombay Sappers Soldierathon – A Tribute to the Heroes of Indian Armed Forces National
  • Sudarshan Chemical’s Water Initiative Transforms Lives in Rural India Business
  • Green Eco Bazaar Promotes Sustainable Living in Karnavati Club Lifestyle
  • MAHARAJA TROPHY T20 Skyexch.net named associate sponsor of Maharaja Trophy KSCA T20 tournament 2022 Press Release
  • CINELAL, the New OTT Platform is all set to Launch with Original Content by Mrs. Alankrit Rathod Entertainment
  • Improving the Learning Environment: Viraj Profiles’ Step Towards Clean Water For Students Lifestyle
  • Gridclub: The Fastest-Growing Platform Connecting Businesses Business
  • Burning Problems of Exporters and Importers (and How to Solve Them) Business

Copyright © 2026 Daily News India.

Powered by PressBook News WordPress theme