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NEXT Retail India Ltd

NEXT Retail India Ltd

Full Description

NEXT Retail India Ltd. is India’s largest electronics retail chain. Incorporated in 2003, NEXT specializes in organized retailing of consumer electronics, small home appliances and mobile phones. NEXT is a multi-brand, multi-product retail chain which stocks an entire range of consumer durables, right from Air-conditioners, FPDs (Flat Panel Displays), CTVs, Washing Machines, Refrigerators, Microwaves, Home Theatre Systems to STBs (Set Top Boxes), Mobile Phones, Gaming Consoles, small home appliances and much more! NEXT retails world’s most popular brands such as LG, Samsung, Videocon, Sony, Electrolux, Kelvinator, Whirlpool, Onida, Philips, Kenstar, Sansui and its own brand.

The company is independently managed by a Board of Directors and currently operates over 550 showrooms across 25 states of India with a presence in 300 cities and towns spanning metros and large towns under the brand name of “NEXT.” NEXT has successfully changed the way an Indian consumer shops for electronics and plans to build a chain of over 1,000 showrooms throughout the country with an estimated annual turnover of Rs. 5,000 Crores in the next three years. NEXT has more than doubled its last year’s turnover in the current financial year. Plans ahead are more ambitious with a targeted turnover of Rs. 2500 Crores for current fiscal with 800 plus stores.

Mint – Pitch – Synovate India Retail Brands Survey 2007 rated NEXT as All India No. 1 in consumer satisfaction in the consumer durables category. In the Consumer Survey NEXT scored 1345 on satisfaction index which is way ahead of its closest competitor (with an index of 482). The Survey finding is an endorsement of NEXT leading the organized consumer durable retail sector and the destination point for consumers. NEXT won SAP ACE 2008 Award for best implementation of SAP R/3 in Asia Pacific Region. NEXT was also awarded with Godrej – Star Performer of the Year (Modern Trade) for 2007-08 and 2008-09. At Franchise India Awards 2009, NEXT was awarded as Star Retailer for Excellence in Retailing – Consumer Durables. NEXT Retail India Ltd. won the “Franchisor of the Year in Retail: Electronics” at Franchise Plus Awards 2010 and “Best in Category – Value Retail” at the Franchise India Awards 2010. NEXT was also awarded with the “Most Admired Mobile Retailer” award by the Asia Retail Congress.

As a part of our Corporate Social Responsibility (CSR) efforts, NEXT has tied up with NGOs and public charitable trusts like Wockhardt Foundation, Vedanta Foundation, and Kotak Education Foundation. Being Sponsor of Wockhardt Foundation’s “Right to Vision” we are making contributions towards this NGO, so that funds can be used for providing free treatment for cataract patients across the country.

Next Retail India Ltd,
New No. 50, Old No. 25, Dr. Ambedkar
-80 feet Road, Kodambakkam,
Chennai – 600024



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