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{{Short description|Indian retail chain}}
{{Notability|1=Companies|date=September 2024}}
{{EngvarB|date=January 2014}}
{{EngvarB|date=January 2014}}
{{Use dmy dates|date=January 2014}}
{{Use dmy dates|date=January 2025}}
{{Infobox company
{{Infobox company
| name = Vasanth & Co
| name = Vasanth & Co
| type = [[Proprietary company]]
| type = [[Partnership]]
| logo = Vasanth&co logo.jpg
| logo = Vasanth&co logo.jpg
| logo_size = 100px
| logo_size = 100px
| genre = [[Electronics]]
| hq_location_city = [[Chennai]], Tamil Nadu, India
| products = Consumer Electronics, Home Appliances, Gadgets, Mobiles, Laptops, Furniture
| foundation = 1978
| foundation = 1978
| founder = [[H. Vasanthakumar]]
| founder = [[H. Vasanthakumar]]
| location_city = [[Chennai]], [[Tamil Nadu]]
| num_locations = 84
| location_country = [[India]]
| num_locations_year = 2020
| location = [[Saidapet]]
| area_served = [[Tamil Nadu]], [[Puducherry (union territory)|Puducherry]], [[Bangalore]]
| num_locations = 96 branches
| num_locations_year = August 2020
| area_served = [[Tamil Nadu]], [[Karnataka]], [[Puducherry (union territory)|Puducherry]], [[Bangalore]], [[Kerala]], [[Andhra Pradesh]], [[Mumbai]], [[Delhi]]  
| industry = [[Retail]]
| industry = [[Retail]]
| services =
| services =  
| products = [[Electronic goods]], [[gadgets]], [[home appliance]]s, [[consumer durables]]
| revenue = {{increase}} {{INRConvert|5|b}}(2019)<ref>[https://web.archive.org/web/20100116201850/http://www.thehindubusinessline.com/2008/12/27/stories/2008122751151600.htm Retailers in South gung-ho about new year sales]</ref>
| operating_income =  
| operating_income =  
| net_income =  
| net_income =  
| num_employees = 2,900
| num_employees = 1200
| parent =  
| parent =  
| divisions =  
| divisions =  
| subsid =
| subsid =  
| dissolved =  
| dissolved =  
| key_people = H. Vasanthakumar
| revenue = {{Unbulleted list|class=nowrap|{{Increase}}₹1500 Crores US$200million (2021)}}
| key_people = {{Unbulleted list|V.Tamilselvi ([[Managing Partner]])|V.Thangamalar Jaganath (Partner)|V.Vijayakumar(alias) Vijayvasanth (Partner)|V.Vinothkumar (Partner)|}}
| website = {{URL|vasanthandco.in}}
| website = {{URL|vasanthandco.in}}
}}
}}
 
'''Vasanth & Co''' is a chain dealer of [[consumer electronics]] and [[home appliance]]s in [[Tamil Nadu]], India. The company was founded in 1978 and {{as of|2020}} has 84 showrooms. 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''' 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 (union territory)|Puducherry]]. The company was founded and owned by the late [[H. Vasanthakumar]].<ref>[http://www.thehindubusinessline.com/2006/10/27/stories/2006102702352100.htm Vasanth & Co to implement SAP]</ref>
 
== Branches ==
[[File:Vasanth and Co.jpg|thumb|Vasanth and Co., Purasawalkam, Chennai, Tamil Nadu, India]]
 
Vasanth & Co has branches in [[Adyar (Chennai)|Adyar]], [[Choolaimedu]], [[Kilpauk]], [[Kodambakkam]], [[Mylapore]], [[Nanganallur]], [[Padi, Chennai|Padi]], [[Velachery]], [[Purasawalkam]], [[Porur]], [[Royapuram]], [[T.Nagar]] (four locations), [[Tambaram]], [[Padi, Chennai|Padi]], [[Kolathur, Chennai|Kolathur]], [[Shollinganallur,
Chennai|Sholinganallur]] and [[Washermanpet]] in [[Chennai]].<ref>[http://www.chennaibizz.com/Chennai/Branch/ViewBranchesByShop.asp?SId=30&Logo=&SName=Vasanth+%26+Co Chennaibizz branch locator]</ref> 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 ==
== 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&nbsp;billion (20 to 30 million US dollars).<ref>[http://www.business-standard.com/india/storypage.php?autono=270777 Vasanth & Co to expand sales network]</ref> It reported a turnover of ₹ 5&nbsp;billion (100 million US dollars) in the year 2007.<ref>[http://www.thehindubusinessline.com/2008/12/27/stories/2008122751151600.htm Retailers in South gung-ho about new year sales]</ref> Through this expansion, Vasanth & Co. would get the name of largest retailer in India.
The chain reported a turnover of ₹ 5&nbsp;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 name="nm-1">{{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]] 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.<ref>[https://web.archive.org/web/20061124090654/http://www.hindu.com/2006/10/27/stories/2006102702121904.htm Vasanth & Co. opts for SAP]</ref>
The company chose to implement the [[mySAP ERP]] in 50 of its [[showroom]]s.<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 |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 28 August 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 ==
Line 54: Line 46:


== References ==
== References ==
{{reflist|30em}}
{{reflist}}


== External links ==
== External links ==
*[https://vasanthandco.in/ Vasanth & Co website]
*[https://vasanthandco.in/ Vasanth & Co website]
*[http://www.google.com/search?hl=en&q=vasanth+and+co+chennai&revid=866214661&ei=D3XOSdO7J9LtlQeS9KDxCQ&sa=X&oi=revisions_inline&resnum=0&ct=broad-revision&cd=1 Stores in Chennai]


{{DEFAULTSORT:Vasanth and Co}}
{{DEFAULTSORT:Vasanth and Co}}

Latest revision as of 09:25, 24 January 2025


Vasanth & Co
IndustryRetail
Founded1978
Founder(s)H. Vasanthakumar
Headquarters
Chennai, Tamil Nadu, India
Number of locations
84 (2020)
Area served
Tamil Nadu, Puducherry, Bangalore
Key people
  • V.Tamilselvi (Managing Partner)
  • V.Thangamalar Jaganath (Partner)
  • V.Vijayakumar(alias) Vijayvasanth (Partner)
  • V.Vinothkumar (Partner)
ProductsConsumer Electronics, Home Appliances, Gadgets, Mobiles, Laptops, Furniture
Revenue
  • Increase₹1500 Crores US$200million (2021)
Number of employees
1200
Websitevasanthandco.in

Vasanth & Co is a chain dealer of consumer electronics and home appliances in Tamil Nadu, India. The company was founded in 1978 and As of 2020 has 84 showrooms. The company was founded and owned by the late H. Vasanthakumar.[1]

Expansion[edit | edit source]

The chain reported a turnover of ₹ 5 billion (100 million US dollars) in the year 2007,[2] which had doubled by 2020.[3]

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Vasanth & Co., Purasawalkam, Chennai, India

SAP implementation[edit | edit source]

The company chose to implement the mySAP ERP in 50 of its showrooms.[4]

Founder[edit | edit source]

The founder H. Vasanthakumar was born in 1950. He died on 28 August 2020, due to coronavirus.[5]

See also[edit | edit source]

References[edit | edit source]

  1. "Vasanth & Co to implement SAP". @businessline.
  2. "Retailers in South gung-ho about new year sales". @businessline.
  3. "Vasanthakumar – the man who delivered middle class dreams, in instalments". The News Minute. 30 August 2020. Retrieved 14 December 2021.
  4. "The Hindu : Business / Briefly : Vasanth & Co. opts for SAP". 24 November 2006. Archived from the original on 24 November 2006.
  5. "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 | edit source]