Tuesday, March 24, 2026
MediaNews4U
  • Exclusive
  • Advertising
  • Media
    • Radio
    • Cable & DTH
    • Print
    • Digital Frontier
    • Gaming Nexus
  • Television
  • OTT
  • Ad-Tech
  • Marketing
  • Campaigns
  • Analysis
  • Opinion
    • Opinion
    • Think Through
    • Prescience 2023
    • Prescience 2024
  • People
  • Events
    • Leader Speak
    • STRAIGHT TALK
    • Gamechangers
    • Print & TV Summit
MediaNews4U
  • Exclusive
  • Advertising
  • Media
    • Radio
    • Cable & DTH
    • Print
    • Digital Frontier
    • Gaming Nexus
  • Television
  • OTT
  • Ad-Tech
  • Marketing
  • Campaigns
  • Analysis
  • Opinion
    • Opinion
    • Think Through
    • Prescience 2023
    • Prescience 2024
  • People
  • Events
    • Leader Speak
    • STRAIGHT TALK
    • Gamechangers
    • Print & TV Summit
MediaNews4U.com
Home Exclusive

MyG sets a target of Rs 4000 crore turnover; to generate 5000 new jobs in 2024-25 fiscal year

In the previous fiscal year, MyG achieved a significant milestone by surpassing the Rs 2500 crore turnover mark.

by Neethu Mohan
May 1, 2024
in Exclusive
Reading Time: 2 mins read
A A
MyG sets a target of Rs 4000 crore turnover; to generate 5000 new job in 2024-25 fiscal year
Share Share ShareShare

MyG, one of the leading names in premier Mobile Phone & Digital Electronic Gadgets Retailer in
South India has set ambitious goals for the fiscal year 2024-25. A.K. Shaji, the Chairman and Managing
Director of MyG, announced the company’s targets during a press conference held at Calicut, Kerala.

With a track record of consistently surpassing turnover expectations, MyG is now eyeing a remarkable turnover of Rs 4000 crores in the upcoming fiscal year. This ambitious target reflects the company’s commitment to growth and innovation in the industry.

In the previous fiscal year, MyG achieved a significant milestone by surpassing the Rs 2500 crore turnover mark. This achievement underscores the company’s strong performance and market presence.

To support its growth trajectory, MyG is not only focusing on increasing its turnover but also on creating job opportunities. The brand aims to generate 5000 new job opportunities in the upcoming fiscal year, contributing to employment growth in the region.

“As part of its expansion plans, MyG is set to open 30 new stores this fiscal year, expanding its retail footprint and reaching more customers across Kerala. This strategic expansion will further strengthen MyG position as a leading retailer in the region. The brand is also planning for a Pan- India and GEC expansion,” Shaji said.

He expressed confidence in ability to achieve its targets, citing the company’s strong brand reputation, quality products, and customer-centric approach as key drivers of success.

Founded in 2006, MyG has established itself as a trusted name in the electronics and home appliances market, offering a wide range of products under its brand, “G-Dot.” The company’s commitment to quality, affordability, and customer satisfaction has earned it a loyal customer base over the years.

“MyG’s success is also attributed to its focus on innovation and adaptation to changing market trends. By continuously evolving its product offerings and expanding its retail network, MyG remains at the forefront of the industry, catering to the diverse needs of consumers,” Shaji added.

With its sights set on achieving new milestones and delivering value to customers, MyG is poised for another year of growth and success in the competitive retail landscape.

Tags: A.K. ShajiDigital Electronic Gadgets RetailerGEC expansionmobile phoneMyGShajiSouth India

RECENT POSTS

Premiumisation today is value-led rather than price-led: Pawanjot Singh, Twirtles
Exclusive

Premiumisation today is value-led rather than price-led: Pawanjot Singh, Twirtles

March 24, 2026
0

India’s snacking market is no longer just about volume, it is entering a phase defined by premiumization, ingredient consciousness, and...

Read moreDetails
The snacking aisle has never lacked options—but for years, it lacked the right ones:  Tarun Agrawal, Healthy Master
Exclusive

The snacking aisle has never lacked options—but for years, it lacked the right ones: Tarun Agrawal, Healthy Master

March 23, 2026
0

Healthy Master, a snacking brand, recently announced the appointment of Indian fast bowler and rising cricket talent Harshit Rana as...

Read moreDetails
AI in 2026 will define efficient, scalable growth versus costly, fragile expansion: Kautilya Pandey, Shiprocket
Exclusive

AI in 2026 will define efficient, scalable growth versus costly, fragile expansion: Kautilya Pandey, Shiprocket

March 23, 2026
0

Medianews4u.com caught up with Kautilya Pandey, Head, Growth & Marketing Shiprocket, around the evolving dynamics of India’s e-commerce and seller...

Read moreDetails
AI-driven predictive insights and GenAI solutions power margin expansion across data-intensive industries: Srikumar Kumar, GTT Data Solutions
Exclusive

AI-driven predictive insights and GenAI solutions power margin expansion across data-intensive industries: Srikumar Kumar, GTT Data Solutions

March 20, 2026
0

GTT Data Solutions is a technology services and consulting company focused on shaping Dual Intelligence: the integration of Human Intelligence...

Read moreDetails
EaseMyTrip targets growth through digital-first campaigns and strategic collaborations: Manmeet Ahluwalia
Exclusive

EaseMyTrip targets growth through digital-first campaigns and strategic collaborations: Manmeet Ahluwalia

March 19, 2026
0

The traditional marketing funnel in travel is officially dead. Today’s traveller moves from inspiration to booking in a single, non-linear...

Read moreDetails
Technology changes, formats evolve, but emotional authenticity remains constant: Jeet Wagh & Shehzad Sippy
Exclusive

Technology changes, formats evolve, but emotional authenticity remains constant: Jeet Wagh & Shehzad Sippy

March 19, 2026
0

Sippy Films, a studio behind movies like 'Sholay', is entering a new phase of structured transformation under the custodianship of...

Read moreDetails

LATEST NEWS

Strategy games jump 57% YoY, while casual and hyper casual climb 37% and 31%

Strategy games jump 57% YoY, while casual and hyper casual climb 37% and 31%

March 24, 2026
Premiumisation today is value-led rather than price-led: Pawanjot Singh, Twirtles

Premiumisation today is value-led rather than price-led: Pawanjot Singh, Twirtles

March 24, 2026

ANALYSIS

Indian sports economy crosses $2 billion mark in 2025, signals structural maturity: WPP Media report
Analysis

Indian sports economy crosses $2 billion mark in 2025, signals structural maturity: WPP Media report

March 23, 2026
0

Mumbai: WPP Media has released the 13th edition of its flagship report, Sporting Nation: Building a Legacy, highlighting a landmark...

PEOPLE

Fashion Entrepreneur Fund appoints Rohit Dhar as Chief Business Officer
People

Fashion Entrepreneur Fund appoints Rohit Dhar as Chief Business Officer

March 23, 2026
0

Mumbai: Fashion Entrepreneur Fund (FEF) has appointed Rohit Dhar as its Chief Business Officer (CBO), strengthening its leadership team as...

MARKETING

Yamaha Music India Appoints A.R. Rahman as Brand Ambassador to strengthen music ecosystem
Marketing

Yamaha Music India Appoints A.R. Rahman as Brand Ambassador to strengthen music ecosystem

March 23, 2026
0

Chennai: Yamaha Music India Pvt. Ltd. has announced the appointment of A. R. Rahman, Academy Award-winning composer and globally acclaimed...

Subscribe to Newsletters

ADVERTISING

Bianca Guimaraes appointed Jury Chair at Abby Awards 2026 Powered by The One Club | The One Show
Advertising

Bianca Guimaraes appointed Jury Chair at Abby Awards 2026 Powered by The One Club | The One Show

March 23, 2026
0

Mumbai: The ABBY Awards 2026 Powered by The One Club for Creativity / The One Show has announced the appointment...

PRINT

Print Industry flags LPG crisis, seeks ‘Essential Service’ tag for newspaper & magazine printing
Media

Print Industry flags LPG crisis, seeks ‘Essential Service’ tag for newspaper & magazine printing

March 21, 2026
0

New Delhi: India’s print media industry has raised alarm over a deepening LPG supply crisis, with leading bodies representing newspapers...

AUTHOR'S CORNER

Pause Ads, Screensaver Ads, and Menu Ads: The New Real Estate in CTV Advertising
Authors Corner

Pause Ads, Screensaver Ads, and Menu Ads: The New Real Estate in CTV Advertising

March 21, 2026
0

Not all ad inventory needs to interrupt something to be effective. In fact, much of CTV's most exciting ad space...

UPLIFT MEDIANEWS4U DIGITAL PVT LTD
No. 194B , Aram Nagar 2, JP Road,
Versova, Andheri West
Mumbai - 400061

For editorial queries:
[email protected]
[email protected]

For business queries:
Smitha Sapaliga - +91-98337-15455
[email protected]

Recent News

VML India appoints Kunal Roy and Shekhar Khanna in leadership roles

VML India appoints Kunal Roy and Shekhar Khanna in leadership roles

March 24, 2026
Strategy games jump 57% YoY, while casual and hyper casual climb 37% and 31%

Strategy games jump 57% YoY, while casual and hyper casual climb 37% and 31%

March 24, 2026
Premiumisation today is value-led rather than price-led: Pawanjot Singh, Twirtles

Premiumisation today is value-led rather than price-led: Pawanjot Singh, Twirtles

March 24, 2026

Newsletter

Subscribe to Newsletters

Medianews4u.com © 2019 - 2025 All rights reserved.

  • The South Side Story 2023 Download Report
  • Goafest 2023: Day 3
  • Goafest 2023: Day 2
  • Goafest 2023: Day 1
  • Straight Talk Gallery 2022
  • The South Side Story 2022 Download Report
  • Focus 2022
  • Futurescope Conclave Gallery 2022
  • The South Side Story 2021 Download Report
  • FOCUS 2021
  • Exclusive
  • Exclusive
  • Advertising
  • Media
    • Radio
    • Cable & DTH
    • Print
    • Digital Frontier
    • Gaming Nexus
  • Television
  • OTT
  • Ad-Tech
  • Marketing
  • Campaigns
  • Analysis
  • Opinion
    • Opinion
    • Think Through
    • Prescience 2023
    • Prescience 2024
  • People
  • Events
    • Leader Speak
    • STRAIGHT TALK
    • Gamechangers
    • Print & TV Summit

Medianews4u.com © 2019 - 2025 All rights reserved.