Vijay Sales

Vijay Sales is an Indian electronics retail chain based out of Mumbai. It is headquartered in Jogeshwari, Mumbai.[1] Vijay Sales started as a small TV showroom in Mahim by Mr.Nanu Gupta in 1967.[2] It currently operates more than 100 stores across the regions of Maharashtra, Haryana, UP, Gujarat, Delhi, Andhra Pradesh, & Telangana.[3].Vijay Sales has more than 3,500+ Products to choose from and is located in prime locations all across India and has 31 stores in Mumbai, 12 stores in Pune, 15 stores in Gujarat, 16 stores in Delhi, 5 stores in Haryana, 4 stores in Uttar Pradesh, 8 stores in Andhra Pradesh & 12 stores in Telangana.

VIJAY SALES
FormerlyVIJAY SALES
TypePrivately Held Company
IndustryRetail
Founded1967
HeadquartersMumbai, Maharashtra
Area served
India
Key people
Mr. Nanu Gupta (Chairman & Founder)
Mr. Nilesh Gupta, Mr. Ashish Gupta & Mr. Karan Gupta (Managing Partners)
ProductsElectronics
RevenueApprox 5,000 crores
Number of employees
Approx 5,000, FEB 2020
WebsiteOfficial Website

History

Mr. Nanu Gupta was born in Punjab Province, India in 1942.[4] He moved to Bombay in 1954 and started working as a distributor for Usha electric fans.[4]

Vijay Sales was founded in 1967 as a small television showroom by Mr. Nanu Gupta in Mahim] as Vijay Television Store. In 1981 the name was changed to the present name. Vijay Sales has since long evolved into one of India's leading chain of retailers. From 2010, Vijay Sales started spreading its wings from Maharashtra to Gujarat and the National Capital Region. In 2019, Vijay Sales acquired a chain of consumer durable retail stores in Telangana and Andhra Pradesh under the name of TMC(Tirumala Music Center) and has now re-branded TMC to Vijay Sales.

Corporate Structure

Vijay Sales' corporate headquarter is in CTS No. 220/ 16 - 17, Patel Estate Road, Near MTNL Telephone Exchange & 24 Karat, Jogeshwari-West, Mumbai-400102. It is headed by Mr. Nanu Gupta who is the Founder and Chairman of Vijay Sales and is followed by his two sons Nilesh Gupta and Ashish Gupta and grand son Karan Gupta who are Managing Partners of the company.[5] By February 2020, Vijay Sales has more than 5,000 employees and a well connected supply chain and warehouses at its disposal.

References

  1. "Mall or high street?: Cornering the retail boom". economictimes.indiatimes.com. 5 September 2010. Retrieved 4 February 2011.
  2. "Vijay Sales : About us". vijaysales.com. Archived from the original on 2 February 2011. Retrieved 4 February 2011.
  3. "Vijay sales store locator". vijaysales.com. Archived from the original on 2 February 2011. Retrieved 4 February 2011.
  4. "Taking on the giants | Outlook Business". www.outlookbusiness.com.
  5. "Vijay Sales : About us". vijaysales.com. Archived from the original on 2 February 2011. Retrieved 29 January 2013.
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