Massive C, a digital devices and equipment retail chain, has appointed movie actor Mahesh Babu as its model ambassador. The agency plans to broaden its presence by doubling its community to 500 shops from the current 250 shops within the subsequent two years.
The agency is investing about ₹125 crore on the growth plan. “Every of the shop would require an funding of ₹50 lakh on a mean. We’re current in Andhra Pradesh, Telangana and Tamil Nadu. We need to broaden the shop community to Karnataka within the subsequent few months,” Balu Chowdhary, Managing Director of Massive C, stated.
The 19-year-old firm registered a turnover of ₹1,000 crore within the pre-pandemic yr. “We hope to register a turnover of ₹1,000-1,100 crore this monetary yr as gross sales resumed after the pandemic,” he stated.
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