• HSBC

Jumbo Electronics on an expansion spree

  • United Arab Emirates: Sunday, May 12 - 2002 at 10:01
  • PRESS RELEASE

Jumbo Electronics, the UAE-based consumer electronics giant as part of its new ambitious retail expansion plans for the region, inaugurated its 32nd outlet and the 14th in Dubai.

Inaugurated on the evening of 30th April 2002, it is located on the Beach Road in Jumeriah. An upmarket and an exclusive locality, this outlet is expected to generate interest amongst the residents. They will now have the opportunity to experience a wide array of products across a slew of leading international brands, right at their doorstep.

This is part of an ongoing strategy to expand the retail presence of Jumbo from the current 32 to 50 by the end of the year 2003. This, it is hoped will provide customers the convenience to experience a wide portfolio of brands at their doorsteps in addition to further strengthening Jumbo's role in the supply chain by providing manufacturers and brands, increased access to customers and markets.

According to Mr. Vishesh L Bhatia, Chief Operating Officer, Jumbo Electronics Co. Ltd. (L.L.C), "Customers are constantly on the look out for greater convenience, higher levels of service, better selection of brands and increased information. And this is a step forward for us in this direction of customer satisfaction."

With more than 1.5 million footfalls every year, Jumbo retail is a world by itself. Customer orientation is hence critical to the success of an operation of this size.

Added Mr. Bhatia, "The vision of our late Chairman Mr. M R Chhabria is being translated into reality with Jumbo retail taking up a leadership position in the industry. One of the fastest growing businesses in the world, expanding retail presence is where the growth lies."

Jumbo, over the years has maintained its leadership position in the Middle East through value added services like Jumbo warranties, product demonstrations, customer friendly service, knowledgeable staff and innovative and flexible payment options. Jumbo's international warranty is an exception as it extends to the Indian subcontinent, Iran, Egypt and many other countries besides the UAE.

To gear up for the future challenges, internal processes are being redesigned and staff is being trained to "Think Customer". Innovations like the mystery shopper are being deployed for the first time.

With a total retail space of over 80,000 sq. ft and a team strength of more than 220 people, which is expected to cross 300, these are naturally thrust areas for us.

Commented Mr. Deepak Srivastava, General Manager (Retail Division), Jumbo Electronics Co. Ltd. (L.L.C), "An increased presence will enable us to offer wider distribution reach and supply chain benefits to world's leading brands in consumer electronics, IT, telephony and office automation. In the midst of a sea change witnessing the digital revolution, growth opportunities are being fuelled by the demand for better and more sophisticated products. And as a leader in this market and this segment, we are laying the groundwork to capitalise on these opportunities through long term investments in retail expansion."


Jumbo Electronics' new showroom on Jumeirah Beach Road. 
Jumbo Electronics' new showroom on Jumeirah Beach Road.
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Notes and Media Contacts »

About the Jumbo Group

The Jumbo Group is an international industrial and trading conglomerate comprising 28 companies and 20,000 employees in over 25 countries around the globe. The interests of the Jumbo Group include consumer electronics and durables, tyres and tubes, brewing and distilling products, chemicals, machinery and equipment.

Global Brands

The flagship company, Jumbo Electronics Company Ltd. (LLC), an ISO 9002 company was founded in the United Arab Emirates in 1974. The U.A.E presence encompasses all the seven Emirates. The company is one of the largest distributors of Sony products in the world. It represents such renowned global brands such as Acer, Brother, Casio, Cisco, Citizen Compaq, Epson, Ericsson, Electrolux, Fujitsu-Siemens, Grundig, IBM, Intershop, Lotus, Microsoft, NEC, Nokia, OKI, Palm, Packard Bell, Ricoh, Rion, Siemens, 3Com, Targus and Supra.

For further information, please contact:
Mr. Atindra Roy
Deputy General Manager, Corporate Communications
Jumbo Electronics Co Ltd. LLC
Tel: 00-9714-336 7999, Fax: 00-9714-3360495

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