NEXT Retail India Ltd. is India’s largest electronic Retail Chain. Incorporated in 2003. Next is one of the emerging giants in organized retailing of consumer electronics, home appliance, IT, imaging, accessories and small home appliances. It has been formed to tap the immense potential promised by the retail industry.
NEXT is a multi-brand multi-product showroom and stocks an entire range of consumer durables right from Air-conditioners, LCD and Plasma TVs, Home Theater systems, Washing Machines, refrigerators, microwaves to small home appliances. NEXT retails some of the most popular brands such as LG, Samsung, Sony, Electrolux, Kelvinator, Whirlpool, Onida, Philips, Kenstar, Videocon, Sansui, including its own brand under its stable. NEXT also stocks Xbox of Microsoft, computers & laptops of Acer, HCL, Lenova, HP.
The company is independently managed by the board of Directors currently operating over 600 showrooms across 25 states with a presence in 300 cities & towns spanning metros and large towns under the brand name of “NEXT”. NEXT Retail India Limited has tied up with all the leading brands of national and international repute which are showcased under one roof and would combine the best in quality, service, convenience and price. NEXT Retail India Limited also plans to spread its roots into Apparel and lifestyle segments separately. We have already launched our showrooms all across the country and are rapidly expanding our network in all regions and major states in the country.
Next aims at changing the way an Indian consumer shops for electronics and plans to build a chain of over 1,000 showrooms throughout the country with an estimated annual turnover of Rs. 3,000 crore in the next three years. NEXT has more than doubled its last year's turnover in the current financial year. Plans ahead are more ambitious with a targeted turnover of 1800 Crs for next year with 600 plus showrooms.
NEXT has opened up a world of choices for shopping enthusiasts (including homemakers), across all demographic and psychographic segments.
Mint – Pitch – Synovate India Retail Brands Survey 2007* rated NEXT as all India No. 1 in consumer satisfaction in the consumer durables category.
In the Consumer Survey NEXT scored 1345 on satisfaction index which is way ahead of its closest competitor (with an index of 482). The Survey finding is an endorsement of NEXT leading the organized consumer durable retail sector and the destination point for consumers.