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
  • Veerhealth Care Successfully Completes USFDA Assessment of Form 4003 Pre-Inspection Records Request Business
  • Crafting Digital Experiences with a Human Touch Technology
  • Instazen wins the Best Emerging Start-up of the Year for IT Services by Business Mint Business
  • How pandemic motivated Digital Marketing Expert and Business Consultant Vinay Hankare to re-launch dying businesses A
  • An Ode to Show Directors! Lifestyle
  • Anya Polytech and Fertilizers Ltd acquires 60 percent paid-up equity of Polyfilm Packaging Pvt Ltd Finance
  • Avvanz Tackles Employee Screening Challenges: Affordable, Compliant, and Comprehensive Background Checks Now Available In India Business
  • Rotary Royals and Uprise Bikaner’s Celestial Fundraiser Featuring Sonu Sharma Sets the Bar High for Humanitarian Efforts Press Release

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

  • YES WORLD leads the crypto acceptance; Dubai merchants now accept the leading utility token Business
  • The No. 1 SEO Consultant in India: Anand K Jha’s SEO Expertise to Beat the SEO Game and Grow Your Business Business
  • Prashanthi Balamandira Trust Files India’s Largest Project on NSE-Social Stock Exchange (SSE) Platform Business
  • UCCIL Pats OSL Chief’s Visionary Leadership, Humanitarian Acts; Honours With Highest Award Business
  • Coduzion Presides Over Exciting AI/ML Pitch Competition at DDIT Business
  • From Automation to Autonomy- Shaping India’s Smart Industrial Future Business

Recent Posts

  • Dholera’s Akhilam Township by GAP Group Secures Key Environmental Approval
  • India Russia SJ-100 Jet Pact Ignites New Manufacturing Era
  • Teen Innovator Launches Finfluent, an AI Platform Revolutionizing Financial Literacy Education
  • AiNXT Goes Global: The Grand Dubai Launch of ‘VedVani’ – A Human-Like Voice AI Revolution
  • For the First Time in History — Former President Ram Nath Kovind and Family Chant the ‘Namokar Mantra’ Together in a Video Film

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • Cube Federation of India and Mindgamez Announce MIST 2025 Monsoon SpeedCubing Tournament Business
  • Sayaji brings its grill & barbeque legacy now in Vadodara with Kebabsville Business
  • World Liver Day 2025: Best Doctors share tips to keep your Liver Healthy Health
  • Times Music Spiritual Unveils Soul-Stirring Devotional Song “Bappa Moraya” for Ganesh Chaturthi Entertainment
  • CTEX Coin Soars to New Heights: Unveiling Its Upcoming Launchpad on Premier Crypto Exchanges Technology
  • The Creators of Change: 8 Entrepreneurs and Brands You’ll Hear a Lot More About This Year Business
  • Star Housing Finance Limited Raises $2.7 mn Equity through the Initiative of Mr. Kamlesh Shah, to augment net worth and scale up in rural geographies Business
  • Unspoken Pain: Infertility’s Impact on Mental Health in Indian Couples Business

Copyright © 2025 Daily News India.

Powered by PressBook News WordPress theme