Vasanth & Co
Vasanth & Co is a chain dealer of consumer electronics and home appliances in Tamil Nadu, India. The company was founded in 1978 and has grown to 96 showrooms across towns in Tamil Nadu, Karnataka, Kerala, Maharashtra, Delhi and Puducherry. The company was founded and owned by the late H. Vasanthakumar.[2]
 | |
| Type | Proprietary company |
|---|---|
| Industry | Retail |
| Genre | Electronics |
| Founded | 1978 |
| Founder | H. Vasanthakumar |
| Headquarters | Saidapet, , |
Number of locations | 96 branches (August 2020) |
Area served | Tamil Nadu, Karnataka, Puducherry, Bangalore, Kerala, Andhra Pradesh, Mumbai, Delhi |
Key people | H. Vasanthakumar |
| Products | Electronic goods, gadgets, home appliances, consumer durables |
| Revenue |  ₹52.85 billion (US$740 million)(2019)[1] |
Number of employees | 2,900 |
| Website | vasanthandco |
Branches
Vasanth & Co has branches in Adyar, Choolaimedu, Kilpauk, Kodambakkam, Mylapore, Nanganallur, Padi, Velachery, Purasawalkam, Porur, Royapuram, T.Nagar (four locations), Tambaram, Padi, Kolathur, [[Shollinganallur, Chennai|Sholinganallur]] and Washermanpet in Chennai.[3] It has branches in almost every main town in Tamil Nadu and one in Bangalore and Pondicherry. The total number of branches is 96, out of which 22 are in Chennai, Tamil Nadu. The most recently opened branch is in Thisayanvilai. The opening ceremony was held on 11 February 2019. highest revenue among municipality as theni district kambam
Expansion
The chain plans to expand its sales network to 100 showrooms across India by the year 2009, with an investment plan of ₹ 1 to 1.50 billion (20 to 30 million US dollars).[4] It reported a turnover of ₹ 5 billion (100 million US dollars) in the year 2007.[5] 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.[6]
Founder
The founder H. Vasanthakumar was born in 1950. He died on August 28, 2020, due to coronavirus.