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Vasanth & Co: Difference between revisions
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| services = | | services = | ||
| products = [[Electronic goods]], [[gadgets]], [[home appliance]]s, [[consumer durables]] | | products = [[Electronic goods]], [[gadgets]], [[home appliance]]s, [[consumer durables]] | ||
| revenue = {{increase}} {{INRConvert|5|b}}(2019)<ref> | | revenue = {{increase}} {{INRConvert|5|b}}(2019)<ref>{{Cite web |url=http://www.thehindubusinessline.com/2008/12/27/stories/2008122751151600.htm |title=The Hindu Business Line : Retailers in South gung-ho about new year sales |date=16 January 2010 |website= |archive-url=https://web.archive.org/web/20100116201850/http://www.thehindubusinessline.com/2008/12/27/stories/2008122751151600.htm |archive-date=16 January 2010 |url-status=dead}}</ref> | ||
| operating_income = | | operating_income = | ||
| net_income = | | net_income = | ||
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'''Vasanth & Co''' is a chain dealer of consumer electronics and home appliances in [[Tamil Nadu]], India. The company was founded in 1978 and has | '''Vasanth & Co''' is a chain dealer of [[consumer electronics]] and [[Home appliance|home appliances]] in [[Tamil Nadu]], India. The company was founded in 1978 and has 96 showrooms across towns in [[Tamil Nadu]], [[Karnataka]], [[Kerala]], [[Maharashtra]], [[Delhi]] and [[Puducherry (union territory)|Puducherry]]. The company was founded and owned by the late [[H. Vasanthakumar]].<ref>{{Cite web|url=https://www.thehindubusinessline.com/todays-paper/tp-marketing/Vasanth-amp-Co-to-implement-SAP/article20225460.ece|title=Vasanth & Co to implement SAP|website=@businessline}}</ref> | ||
Vasanth & Co | |||
== Expansion == | == Expansion == | ||
The chain | The chain reported a turnover of ₹ 5 billion (100 million US dollars) in the year 2007,<ref>{{Cite web|url=https://www.thehindubusinessline.com/todays-paper/tp-marketing/Retailers-in-South-gung-ho-about-new-year-sales/article20150902.ece|title=Retailers in South gung-ho about new year sales|website=@businessline}}</ref> which had doubled by 2020.<ref>{{Cite web|date=2020-08-30|title=Vasanthakumar – the man who delivered middle class dreams, in instalments|url=https://www.thenewsminute.com/article/vasanthakumar-man-who-delivered-middle-class-dreams-instalments-131920|access-date=2021-12-14|website=The News Minute|language=en}}</ref> | ||
[[File:Vasanth & Co Chennai India.jpg|thumb|Vasanth & Co., Purasawalkam, Chennai, India]] | [[File:Vasanth & Co Chennai India.jpg|thumb|Vasanth & Co., [[Purasawalkam]], [[Chennai]], [[India]]]] | ||
== SAP implementation == | == SAP implementation == | ||
The company chose to implement [[mySAP ERP]] | The company chose to implement the [[mySAP ERP]] in 50 of its [[Showroom|showrooms]].<ref>{{Cite web |url=http://www.hindu.com/2006/10/27/stories/2006102702121904.htm |title=The Hindu : Business / Briefly : Vasanth & Co. opts for SAP |date=24 November 2006 |website= |archive-url=https://web.archive.org/web/20061124090654/http://www.hindu.com/2006/10/27/stories/2006102702121904.htm |archive-date=24 November 2006 |url-status=dead}}</ref> | ||
==Founder== | ==Founder== | ||
The founder H. Vasanthakumar was born in 1950. He died on August 28, 2020, due to coronavirus. | The founder H. Vasanthakumar was born in 1950. He died on August 28, 2020, due to coronavirus.<ref>{{Cite web|date=2020-08-28|title=Congress MP and Vasanth & Co founder H Vasanthakumar dies due to COVID-19|url=https://www.thenewsminute.com/article/congress-mp-and-vasanth-co-founder-h-vasanthakumar-dies-due-covid-19-131840|access-date=2021-12-14|website=The News Minute|language=en}}</ref> | ||
== See also == | == See also == | ||
Latest revision as of 17:39, 1 April 2022
| File:Vasanth&co logo.jpg | |
| Industry | Retail |
|---|---|
| Genre | Electronics |
| Founded | 1978 |
| Founder(s) | 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 |  ₹5 billion (US$57 million)(2019)[1] |
Number of employees | 2,900 |
| Website | vasanthandco |
Vasanth & Co is a chain dealer of consumer electronics and home appliances in Tamil Nadu, India. The company was founded in 1978 and has 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]
Expansion[edit]
The chain reported a turnover of ₹ 5 billion (100 million US dollars) in the year 2007,[3] which had doubled by 2020.[4]
SAP implementation[edit]
The company chose to implement the mySAP ERP in 50 of its showrooms.[5]
Founder[edit]
The founder H. Vasanthakumar was born in 1950. He died on August 28, 2020, due to coronavirus.[6]
See also[edit]
References[edit]
- ↑ "The Hindu Business Line : Retailers in South gung-ho about new year sales". 16 January 2010. Archived from the original on 16 January 2010.
- ↑ "Vasanth & Co to implement SAP". @businessline.
- ↑ "Retailers in South gung-ho about new year sales". @businessline.
- ↑ "Vasanthakumar – the man who delivered middle class dreams, in instalments". The News Minute. 30 August 2020. Retrieved 14 December 2021.
- ↑ "The Hindu : Business / Briefly : Vasanth & Co. opts for SAP". 24 November 2006. Archived from the original on 24 November 2006.
- ↑ "Congress MP and Vasanth & Co founder H Vasanthakumar dies due to COVID-19". The News Minute. 28 August 2020. Retrieved 14 December 2021.
External links[edit]
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