myG Targets a Turnover of Rs 4000 Crore with Record Growth

Kozhikode: In a significant move toward expanding its market presence, myG, South India’s largest retail network for digital gadgets and home appliances, has announced its plans to achieve a turnover of Rs 4,000 crore and create 5,000 job opportunities by the 2024-25 financial year. These announcements were made during a recent press conference by A.K. Shaji, Chairman and Managing Director of myG.

Following a record turnover of over Rs 2,500 crore in 2023-24, myG is gearing up to open 30 new showrooms this financial year. This expansion will bring the total number of myG showrooms in Kerala to 150, solidifying its presence and bolstering employment in the region, where it currently employs 3,000 individuals.

Started in Kozhikode in 2006 as 3G Mobile World, myG has evolved from a single convenience store into a powerhouse with over 100 showrooms across South India. Besides expanding in Kerala, myG is preparing to extend its operations to other Indian states and the GCC countries.

The company has also launched its brand of electronic home appliances and kitchen appliances, including G-DOT TVs and Gadmi’s range of nonstick utensils and kitchen gadgets, available exclusively at myG showrooms. These products, known for their quality, affordability, and innovative design, have been well-received by consumers, with plans to introduce them to the general market before the next Onam festival.

myG is celebrated for offering an extensive range of products from world-renowned brands, exceptional customer service, and a strong after-sales support network. With a customer base exceeding 80 lakh in Kerala alone, myG continues to enhance its services with initiatives like the myG Care protection plan, zero-interest EMI options, and a customer-centric online platform offering express delivery services.

As part of its commitment to customer satisfaction and community engagement, myG maintains a robust loyalty program, rewarding customers for their continued patronage and ensuring they receive the best value on every purchase.

A.K. Shaji expressed pride in the brand's growth and the strategic role of its brand ambassadors, Mohanlal and Manju Warrier, in fostering myG's values and enhancing its image in the region. Looking forward, myG is poised to become India’s leading digital electronics and home appliances retail chain through continuous innovation, customer-focused strategies, and sustainable expansion.