Thursday, Apr 25 2024 | Time 21:19 Hrs(IST)
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Business Economy


Happi Mobiles to invest Rs 500 Cr this fiscal

Hyderabad, May 24 (UNI) City-based Happy Mobiles, multi brand mobile retail chain, intends to
open 200 stores with an investment of Rs 500 crores in Telangana, Andhra Pradesh and Karnataka,
this year.
Talking to reporters after announcing mega Power Star Ram Chan as Brand Ambassador for Happi Mobiles here on Thursday, the company Chairman and Managing Director Krishna Pavan said that we will launch 20 stores in Hyderabad alone on a single day on June 1 as it had already have four stores -- two each in Andhra Pradesh and Telangana.
Out of 200 stores planned, 50 stores will be opened in Karnataka and remaining in Andhra Pradesh and Telangana, he said nearly 18 branded mobiles are offering in stores.
Every store will also have a financial support resource for faster EMI processing, he said.

Currently, we have 200 employees and it will scale up to 1500 by this year end, Pavan added.
UNI KNR SHK 2331
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