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Satish Babu

‘Retailers, who do not upgrade, will perish’

In the early days, the Indian mobile phone retail industry was highly fragmented and unorganised. Mobile handsets were expensive, the grey market dominated and there were few showrooms around to showcase mobile products. It was...

Univercell sticks to its expansion plan despite slowdown

Chennai-based large-format mobile retail chain UniverCell will pursue its expansion plans aggressively. Talking to IndiaRetailing, Satish Babu, founder, UniverCell said, “The ongoing economic slowdown has not affected the company’s plans at all. In fact, we feel that it has...

UniverCell mulls to launch its own brand mobile phone

Multi-brand mobile phone retailer UniverCell is planning to launch its own brand of mobile phones. "The company would launch its own brand in a year and target the below Rs 3,000 segment as these account for over 60 per...

UniverCell to take advantage of falling rentals

“With just around 10 per cent of the sales happening from organised retail currently, there is a definite opportunity for organised trade which is still to boom. There is a great scope for organised trade to grow especially during...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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