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
  • Tasveer Hosts the Only Official South Asian Panel on the Main Stage of Cannes Du Marche Entertainment
  • Aruna Goud’s Journey from India to Cannes Film Festival Lifestyle
  • Horizon Reclaim (India) Limited announces IPO; price band fixed at Rs 98 – Rs 103 per share Business
  • Repono Limited Signs Landmark 20-Year, Multi-Crore Agreement with Reliance Industries Limited for Greenfield Petroleum Oil Terminal Business
  • IICA Celebrates Its 41st Convocation, Strengthening Industry Partnerships to Shape the Future of Culinary Talent Education
  • MicroNet Group Unveils Advanced CCTV Cameras for Unmatched Security in Delhi Business
  • Infinity Group Showcases Vision at GRAtitude 2025, Guwahati Realtors’ Meet Business
  • Kingsley Gate adds Biiprashish Roy and Vinay Kumar to deepen firm’s senior bench in India 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

  • Siyaram Recycling Industries reports strong H1 FY27 performance; Targets lifetime-high revenue of Rs 600 crores in FY27 Business
  • Active Clothing’s Topline Grows 15% in H1 FY26, PAT Up 34%; Advances India’s First ‘Knit to Shape’ Smart Knitting Factory Business
  • Empowering the Future – Coapps : Worlds Largest AI/ML Product Development & Outsourcing Company Business
  • Shiprocket Strengthen its ‘For Bharat’ Positioning with its Latest Brand Film Business
  • Expansion Over Investment? Know Why Sahil Pruthi Could Not Accept Shark Tanks Highest Offer Of 1.6 Crores Business
  • Two days High Performance National Design Summit inaugurated Business

Recent Posts

  • LAPL Automotive Limited Reports H1 FY27 Results
  • Asgard Alcobev Delivers Strong Q2 FY27 Performance
  • Prateek Group: A Legacy of Trust, A New Vision of Fine Living
  • Beyond the Milestone: What AACSB Accreditation Means for LBSIM and Its Students
  • DEV Information Technology Reports Q2 FY27 Total Income of Rs. 63.07 Cr, Up 28 Percent YoY; H1 FY27 Total Income Reaches Rs. 107.72 Cr, Up 16 Percent YoY

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • Sanatan Premier League: India’s First Cultural Cricket League Lifestyle
  • Born Event and Entertainment Ltd Launches Curtain Raiser for the Global Influencer Award’ 21 Entertainment
  • Best Self Drive Car Rental Company in Jaipur: Your Complete Guide Lifestyle
  • MedleyHR Launches to Help India’s Growing Businesses Replace Spreadsheets with Modern HR and Payroll Software Business
  • GravityWrite Achieves Remarkable Milestone: Surpasses 100,000 Users in Just 45 Days! Business
  • NO DRUGS CAMPAIGN aims to create a drug-free India by engaging over 3000 students in Surat National
  • Parul University hosts Freshers Fest 2022, a carnival-like experience attended by over 11,000 new students Press Release
  • How Nesamani Maran Muthu Balances Legacy and Innovation at MGM Group Lifestyle

Copyright © 2026 Daily News India.

Powered by PressBook News WordPress theme