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
  • Nothing like Hyderabad…investments attract huger profits and returns Business
  • First edition of Veterans Super League (VSL) announced, to feature Indian football legends in Kolkata Press Release
  • Lexicon MILE and the University of South Wales Launch Unique UK Global MBA Program with Exceptional ROI for Students Press Release
  • Legistify Crosses 350+ Enterprise Clients as AI Adoption Reshapes India’s Legaltech Market Technology
  • HRX turns the Official Fan Merchandise Partner for Four IPL Teams Business
  • Punjab Grill Expands its Footprint with the Launch of its First Outlet in Ahmedabad Business
  • ONGC Supports Notopedia in Empowering Education and Employment Opportunities Education
  • Gospel Maestro Dr.Amit Kamle gives Singer Shweta Mohan her first Hindi Gospel Song titled, Aradhana Entertainment

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

  • Custom Fit.ai Ranks Diquery Digital among Top 20 Digital Marketing Agencies of India Business
  • Rajgor Castor Derivatives to go public Business
  • Zeal Global announced plans to expand in Central Asia at Tashkent Summit Business
  • Weddings. Films. Brands. Events. One Visionary: Dhrumil Shah Business
  • Pigeon India Opens First Pop-Up Store at Pacific Mall, Tagore Garden, Delhi Business
  • HospitalityNews Presents: Your Talent, Our Stage – Enter the Limelight Now Business

Recent Posts

  • PAN HR Solution Limited Reports H1 FY27 Results
  • Why Colonialism Still Matters: Museum of British Colonialism to Host Online Panel Discussion on 19 November
  • Dr. R. K. Thukral and the Work of Bringing Neuropsychiatry Closer to Patients
  • A Legacy Built to Last – Duroply
  • RGIPT Sivasagar Campus Celebrates Its 6th Convocation; 143 Students Awarded Diplomas

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • NAAC Awards A++ Grade to GITAM Business
  • Game Changers Lions Bring World-Class Talent to Season 4 of the World Padel League Sports
  • Sumax Engineering Limited Reports Strong H1 FY27 Results; Net Profit Up 60% YoY Finance
  • Mahima Chaudhry launched the Motion poster of Neera Arya Entertainment
  • IBL Finance Ltd achieves over Rs. 100 crore AUM, expands with 36 national NBFCs Finance
  • KnowDis Machine Learning Day 2021 – 3rd Edition on December 3, 2021 Business
  • 10 Transformational Indian Leaders Redefining Business, Wellness, and Digital Influence in 2025 Business
  • Dr Megha Nagpal a celebrity facial aesthetician par excellence Health

Copyright © 2026 Daily News India.

Powered by PressBook News WordPress theme