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
  • W⁠hy Architects and Designers Prefer Capron’s Walk Befikre Series for Transforming Spaces Business
  • Pay Store Pe, a one-stop destination for all food and grocery needs Business
  • A Celebration of Class for the Class Apart! Business
  • Indus University to host national conference on India’s most revered ecological concept of Acharanam on May 27-28 Press Release
  • The Journey of being ExtraordiNAARI Business
  • SMEBIZZ Celebrated WORLD MSME DAY Business
  • Bombay Trooper Celebrates 10th Anniversary with Brand Makeover & Sustainable Travel Fashion Collection Lifestyle
  • EZOK Launches First Line of Mens Footwear in Offline Space With 150+ SKUs Lifestyle

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

  • Diamonds and Dreams: A Mompreneur’s Path to Success with Tales of Diamond Business
  • Thrillophilia Unveils a New Generation of Europe Trips for 2026, Emphasising Slower Journeys Business
  • The Visionary Leadership Propelling ALC Group’s Rapid Ascent To Excellence Business
  • DigiBirds360 Appoints Manmohan Singh as Head of Operations Business
  • ABH Healthcare Ltd’s Rs. 35 crore IPO to close on August 27 – QIB portion subscribes 8.37 times with Strong Investor Interest Business
  • Sumitomo Chemical Launches Danitol NXT, Pyclome, and Sumi Blue Diamond in India Business

Recent Posts

  • Parthiv Gohil and Manasi Parekh Announce INR 100 CR Media Fund with 3 International Films Slate at Venice Film Festival
  • Hoora Crosses 1,200 Partner Manager Franchises, Targets 2,000 by End of 2026
  • Why Experts Rate DigiTap the Best Crypto Presale: Live Fintech App Beats Pure Roadmap Speculation
  • Furlicks Goes from 6 to 22 SKUs: Fredun Pharmaceuticals Ltd. Accelerates Pet Wellness Expansion
  • NPC West India Championship and IPL Gujarat Championship to Be Held in Surat on November 22, 2026

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • Renowned Indian Dancer Dr. Uma Rele honoured with Maharashtra Gaurav Award Lifestyle
  • Clear Premium Water launches “Clear Duniya” campaign Pan India Business
  • IFSCA’s officer becomes the first to acquire a passport displaying the famed address of GIFT city, Gandhinagar Press Release
  • Resul Pookutty empowers at Indian Institute of Creative Skill’s Summit Education
  • Sloshout Expands Services Beyond Venues: Now Offering Verified Event Vendors for Seamless Celebrations Business
  • Maulik Bhatt Presented With the “Pride of Gujarat–Most Trusted Astrology Guru” Award from CM Bhupendra Patel Lifestyle
  • Mr. Kashiff Khan, MD, FashionTV crowns ‘Miss FashionTV’ at Black Sea Excellence Awards Gala Entertainment
  • Vijay Kedia IPO Leads 5 New Issues Next Week, Key Dates Finance

Copyright © 2026 Daily News India.

Powered by PressBook News WordPress theme