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
  • Rishi Rich & Rush Toor Zakham Song that has bewitched Indian hearts Entertainment
  • GoSats Integrates with Flipkart SuperCoins to Enable Asset-linked Rewards for Indian Users Lifestyle
  • Magic Bus Is One of India’s Best Employers among Nation-Builders 2021 Recognised By the Great Place To Work® Institute Business
  • Journalist turned entrepreneur Pallavi Goorha Kashyup celebrated 10 successful years of PG Communication Business
  • Medical Philanthropy in Motion: Hitachi Rail STS Donates Ambulance to Dr MC Modi Charitable Eye Hospital Business
  • Zeus Hygia Lifesciences Establishes US Subsidiary to Propel Nutraceutical Innovations Business
  • ASEAN and India Drive Bold Push to Revamp USD 123B Trade Pact in Delhi National
  • Ho! Ho! Ho! Santa Claus in town before Christmastime! 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

  • 250+ Entrepreneurs from 24 Cities Converge in Surat for CorporateConnections India’s BHAF 2026 Business
  • Mellow showcased its natural range of products and gift hampers at Goa Business
  • OPPO India lights up the festive season with ‘Tum Jagmagao’, celebrating Self-Discovery with Ranbir Kapoor and Jitendra Kumar Business
  • Bajaj Allianz Strengthens Footprint in Uttar Pradesh, Inaugurates Ayodhya Office for Enhanced Insurance Services Business
  • LANXESS Q1 sales up 43.7 percent to EUR 2.432 billion Business
  • Hyderabad Sravani Hospital Mega Health Camp was a Grand Success, 1300+ Beneficiaries have benefitted Business

Recent Posts

  • SCMS Bengaluru BBA Admissions 2026: SET Registration Closed on April 15; SCMS Bengaluru BBA Application Deadline May 21, 2026
  • Sarvajanik University Introduces Liberal Arts Programmes to build Analytical, Research and Human-Centric Leaders
  • Bajaj General Insurance Launches MHCP EDGE Plus, a Flexible, Next-Generation Health Indemnity Plan with Coverage upto INR 5 Crores
  • Parul University Unveils Lakshya 2047: Center for Future Skills, An Ecosystem with Futuristic Labs and Highly Advanced Infrastructure
  • Resonance’s Student M. Rushi: Ranks 1st in TG EAPCET 2026

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • ZODIAC Presents Summer 2023; The Positano Linen Collection Business
  • The Limitless and Unstoppable Journey of Saasy Shweta Lifestyle
  • BeautyKart, Co-founded by Santhoshi Reddy emerging as India’s most loved Destination for All Things Beauty and Lifestyle Lifestyle
  • Glam-o-Ween 2025 at UK International London Beauty School: Celebrates Halloween with Creativity, Colour, and Confidence Education
  • Plutus’ Teen Founders Bring Algorithmic Edge, Unlocking Superior Alpha for Quantitative Investors Finance
  • Schemaninja.com Launches Next-Gen AI Content Marketing Platform for Small Businesses Business
  • Brustro Set to Steal the Spotlight at Paperworld 2024: Three Days, Three Revelations, Unleashing the Future of Art Supplies Lifestyle
  • Higher Education Conclave, Chandigarh, to happen on 13th August this Year at Hyatt Press Release

Copyright © 2026 Daily News India.

Powered by PressBook News WordPress theme