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
  • Digital Ratha, the Digital Marketing pioneer is on a mission to help spa and saloon owners garner 10X revenue Business
  • Loungewear powerhouse JulyWear has set its sights on becoming the dominant player in the industry Business
  • Surat to host Gems & Jewellery Manufacturers Show from November 27-29 Business
  • ALD Proposed Acquisition of LeasePlan, Creation of NewALD, a leading global player in mobility Business
  • Bringing Together Innovation and Agriculture: Dhanuka Agritech’s Kisan Diwas Inspires 200 Farmers and Students National
  • Visica Films Grand Launch in the entertainment world with the announcement of big films Entertainment
  • Leading Indian Business Chamber ICBI Proposes a Joint Meeting with Dubai Chamber of Commerce & Industry Press Release
  • Keyano College: A Premier Choice for Indian Students in Canada Education

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

  • Cash Ur Drive Wins approx. Rs. 7.17 Crore Multi-City Advertising Mandate from Leading Mobility Platform Business
  • Micron and NAMTECH Partner to Develop World-class Talent Pipeline to Empower India’s Semiconductor Packaging Industry Growth Business
  • Mr. Sanjay Kumar: Pioneering Entrepreneurship and Innovation in India’s Food Service Industry Business
  • Infinova’s Video Surveillance Cameras at 60+ Indian Airports to Amplify Security   Business
  • Chandan Healthcare Secures Long-Term MRI Tender in Haryana; Strengthens Government Diagnostics Portfolio Business
  • QualityKiosk Technologies Releases its New and Transformed Logo Business

Recent Posts

  • FOY Puts the Power of Beauty in Your Hands: Mumbai Hosts First-Ever Consumer Review Event
  • AI-Powered Legal Workspaces Gain Ground in India as Blackcoat AI Focuses on Accuracy
  • KHUSHI TURNS 50: Celebrating a Life of Healing, Strength and Transformational Impact
  • KRAFTON India Esports Records 930 Plus Million Views, Establishing BGMI Esports as India’s Definitive Mobile Esports Platform
  • Saman Brings the Soul of Lucknowi Craft to Mumbai

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • Doctor Amit Nath, the boosting speaker at a reputed event of TEDx Anand Nagar bangs the floor with the result driven solutions to all fear corners in the path of success Lifestyle
  • Mini Gastric Bypass Surgery: A Game-Changer for Liver Disease? Health
  • Homoeopathic Treatments for Aplastic Anemia: International homeopathic Conference London United Kingdom Health
  • Vedant Newatia to sway Indian fine dining in Michelin star style Business
  • Veerhealth Care Ltd approved issue of Bonus Equity shares in the ratio of 1:1 Business
  • VMGMC SOLAPUR sets a new world record for hosting Largest Health and wellness festival Health
  • Envia Shipping Is Starting Operations in India Business
  • 10 Best Movies to Watch on Hotstar Right Now Entertainment

Copyright © 2026 Daily News India.

Powered by PressBook News WordPress theme