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
  • International Women’s Day 2023: Women-in-Health Leading the Industry & Transforming Healthcare Business
  • The Compelling Case for Multi-Asset Allocation Funds Business
  • National Maritime Games 2025 Sets Sail in Navi Mumbai with PT Usha’s Inspiring Words National
  • Bajaj Allianz General Insurance Unveils its Enhanced ‘Health Prime’ Rider for Comprehensive Healthcare Coverage with a focus on Mental Well-Being Business
  • How the IPL Amrit Internship Programme A Boom for Rural Youth National
  • Surat Spine Expert Dr. Gaurav Khandelwal Honored by Gujarat CM for Spinal Care Health
  • Texprocil and CCI sign a MoU for branding and traceability of Indian-grown cotton, Kasturi Business
  • Emerald Finance Limited Partners with 30 Corporates for Early Wage Access and Surpasses Rs. 375 Cr in Gold Loan Disbursements in Q4 FY26 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

  • Best Back-To-School tech recommendations from Kingston Technology Business
  • Formula E Race Delivered USD 84 Million Economic Benefit To Hyderabad Business
  • Graviton secures investment for further development, eyes faster growth Business
  • Dr. Vikram Kamat was honored as an “Iconic Personality in Hospitality” by Former Shri Bhagat Singh Koshiyari, Honorable Governor of the state of Maharashtra Business
  • Technology-assisted Practice Platform for JEE/NEET Aspirants launched by IITians Business
  • Valentina Securities: Shaping the Future of Finance with Innovative Services Business

Recent Posts

  • JOJO Expands Its National Footprint with Prime Video Add-On Subscription, Bringing Gujarati Entertainment to Millions Across India
  • One of India’s Fastest Ironman Triathlete Raghul Sets Personal Best at Ironman Ottawa 2026, Strengthening His Legacy in Global Endurance Sport
  • GD Goenka International School Surat students win multiple medals at Surat District Motivational Swimming Competition
  • What Really Keeps India’s Biggest Brands Coming Back?
  • Fredna Dental Systems Surges from ₹4.82 Cr to ₹87.21 Cr, Powering India’s Digital Dentistry Revolution

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • KRAFTON India Introduces Industry-First ‘BGMI Career Mode’ in an Attempt to Offer Real-Life, Career-Relevant Skill Insights via BGMI Gameplay Lifestyle
  • Romil Ramgarihia Explains How the Funding in the Media Sector of India Works in the Modern-day World Finance
  • Jindal Mobilitric Unveils EV (Electric Vehicle) With An Impressive 165 Km Range Business
  • Digital Declutter Checklist for 2026 Lifestyle
  • Planning to Start NGO, then ‘Section 8 Company’ is the Best Option in the Era of Digital India Lifestyle
  • Can Indian SMM Panels Offer Real Value Without Faking It Business
  • “Kutch Express” New Gujarati Film is all set to win audiences on 6th January 2023 Entertainment
  • Bajaj Allianz Strengthens Footprint in Uttar Pradesh, Inaugurates Ayodhya Office for Enhanced Insurance Services Business

Copyright © 2026 Daily News India.

Powered by PressBook News WordPress theme