Big-C Mobiles Eyes Rs 1,500 Cr Turnover In FY2024
- by Outlook India : Latest News & Magazine
- India
- 8 months ago
The Hyderabad-based retail chain for mobiles with multiple brands Big-C mobiles is aiming to achieve 1500 crore in turnover for the year to date the founder of the business, the chairman and managing director Balu Chowdary.
The company was able to achieve a an annual turnover of Rs. 1,000 crore in FY2022-23.
Big-C Mobiles, which operates 250 stores throughout Telangana, Andhra Pradesh and Tamil Nadu, in a announcement said that it is planning to establish 150 more outlets over the next two years and invest approximately Rs 300 crore.
"We aim to increase the number of outlets up to 400 through the opening of 150 new stores in the next two years, with an investment of about 300 million rupees. In addition, we are expanding the variety of our offerings beyond mobiles, and are we are introducing more and more electronic and other gadgets. We are planning to enter new markets.
We boast a solid client base of 3 million," Chowdary added.\
Read More: https://www.outlookindia.com/business/big-c-mobiles-eyes-rs-1500-cr-turnover-in-fy24-news-312417
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