Type Proprietary Concern Genre electronics Founder H. Vasanthakumar | Products Consumer durables Founded 1978 | |
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Revenue ₹37.78 billion (US$560 million)(2007). Areas served Tamil Nadu, Puducherry, Bengaluru, Kerala, Andhra Pradesh | ||
Vasanth & Co is a renowned chain dealer of consumer electronics and home appliances in Tamil Nadu, India. The company was started in year 1978 and has 60 showrooms across almost every town in Tamil Nadu, Puducherry, Bangalore, Kerala, Andhra Pradesh. The company is owned by H. Vasanthakumar.
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Branches
It has branches in Adyar, Choolaimedu, Kilpauk, Kodambakkam, Mylapore, Nanganallur, Padi, Velachery, Purasawalkam, Porur, Royapuram, T Nagar (4 Locations), Tambaram and Washermanpet in Chennai. It has branches almost in every town in Tamil Nadu and one in Bangalore and Pondicherry. Total known branches are more than 64. Out of which the company has 17+ branches only in Chennai.
Expansion
The chain plans to expand its sales network to 100 showrooms across India by year 2009 under an investment plan of 1 to 1.50 billion rupees (20 to 30 million US dollars). It reported a turnover of 5 billion of rupees (100 million US dollars) in year 2007. Through this expansion Vasanth & co would get the name of largest retailer in India.
SAP implementation
The company chose to implement mySAP ERP 2005 across its 50 show rooms to integrate availability of information which will help in optimising its supply chain with faster turn around of its inventory and enhanced visibility of profits.