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

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 [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

Related Posts

Vivid Electromech Limited Strengthens Data Centre Footprint with Rs. 30.13 Cr Order from STT Global Data Centres India

Mumbai (Maharashtra) [India], July 10: Vivid Electromech Limited (NSE: VIVIDEL), a leading player in the power supply, traction, and electro-mechanical systems space, has announced that the Company has received amendments…

ICRAPAIN 2026 to Bring Global Pain Medicine Leaders to Kolkata

Kolkata (West Bengal) [India], July 8: Kolkata is set to host a major international academic gathering in Pain Medicine as ICRAPAIN 2026 — International Conference on Recent Advances in Pain comes to the…

You Missed

The Five Skills That Will Still Matter When AI Can Do Almost Everything Else

  • By
  • July 11, 2026
The Five Skills That Will Still Matter When AI Can Do Almost Everything Else

Acharya Bhavinbhai Pandya and Acharya Mananbhai Pandya Honoured with the Global Leader of the Year 2026 Award at the House of Lords, London

  • By
  • July 11, 2026
Acharya Bhavinbhai Pandya and Acharya Mananbhai Pandya Honoured with the Global Leader of the Year 2026 Award at the House of Lords, London

Actor Alii Khan Is Building a New Kind of Screen Presence in a Fast-Moving Format

  • By
  • July 11, 2026
Actor Alii Khan Is Building a New Kind of Screen Presence in a Fast-Moving Format

The Fast Lane Is Exhausted: Why ‘Slow Living’ Is Quietly Becoming Modern Life’s Biggest Rebellion

  • By
  • July 11, 2026
The Fast Lane Is Exhausted: Why ‘Slow Living’ Is Quietly Becoming Modern Life’s Biggest Rebellion

Your Office Desk Might Be The Real Monsoon Hotspot: Why Workplace Wellness Matters More Than Ever

  • By
  • July 11, 2026
Your Office Desk Might Be The Real Monsoon Hotspot: Why Workplace Wellness Matters More Than Ever

The New Luxury Isn’t Five Stars—It’s Five People: Why Quiet Destinations Are Becoming Travel’s Biggest Trend

  • By
  • July 11, 2026
The New Luxury Isn’t Five Stars—It’s Five People: Why Quiet Destinations Are Becoming Travel’s Biggest Trend