Big-C plans 150 new outlets in two years with Rs 300 crore investment

Hyderabad: City-based multibrand mobile retail chain Big-C mobiles said it plans to set up 150 new outlets in two years with an investment of Rs 300 crore. Currently, it has 250 outlets across Telangana, Andhra Pradesh and Tamil Nadu.

“We have achieved Rs 1,000 crore turnover in 2022-23. We are growing our portfolio beyond mobiles and are introducing more electronics and gadgets. We will enter three more States. We have a three-crore customer base," said M Balu Chowdary, founder and chairman and managing director of Big-C.

He addressed the media on Sunday along with Big-C brand ambassador and Tollywood star Mahesh Babu after unveiling the Samsung's new flip and fold phones as part of celebrations to mark completion of its two decades in multi-brand mobiles retailing.

"Big-C started its operations in December 2002. We have successfully completed two decades by achieving market leadership in mobile retailing in Telangana and Andhra Pradesh. We will increase our workforce to 4,000 in two years from the current 2,500," said Balu.

“Big-C has the credit of turning mobile handsets retailing into an organised activity in the country.   We were the first one to make touch-and-feel possible by displaying mobile handsets in the outlets," he  said.

"We are also present online and we give delivery within two hours if for mobiles bought on Big-C portal. Sales of TVs have also picked up at Big-C outlets,” he said.

Big-C executive director Swapna Kumar and directors Balaji Reddy, Goutham Reddy, and Kailash were also present, said a release.