Electronic hub of Chennai

The richy street or mount road located in the  off Anna salai is known as the electronic hub of the city. The richy street is a huge market which contains shops of various electronic devices, computer hardware and also mobile accessories and also mobile sales. The market today has every single item related to the mobiles, laptops and computers. The market has increased a lot in the past 15 years and also is considered as one of the most fastest working markets. The richy street is widely expanded to many streets and many complex.

Mr mahaveer owner prakash telecom “ I started my shop by selling mobile back covers before 12 years. And now every single shop in the market has mobile covers. And also the competition is so much in the market. If there is even 5rs difference in rates that does make a huge difference in sales. We get our products directly from China, we were among the first to go to China and bring our own products like mobile cases, soft pouches and also tempered glass. Before five years as we were the main suppliers and also no one knew much about it so at that point we gained a lot of profit. Now people come to us to learn about work and also how to function it. We have a lot of examples were young boys come work here part time learn the buisness and then open their own shop in market with more new products and better skills ” he also adds “In today’s date catching up to a business and starting something new is a huge risk” 

Mr dilip owner nakoda communications says “ I started my firm before two years and the first six months were really difficult as it was the growing period the shops with high popularity we making more and more profit but we the new comers could not make our name strong enough to sustain in the market. But with time and with more varities of product we made our name. The market is today known for variety of mobile cases and different tempered glasses. The customised hard cases which we call POD is among our best sellers as it is available only in our market with less cost compare to others” 

The other shop owners from the market also added that in the recent eight months they are in huge loss because the sales have reduced drastically from 10 customers per day approx which came down to only one or two per day. The market is functioning really slow because of the decrease in economic growth. Making money even after the shop is well set has become really difficult. The market has all everything related the new technologies but still it seems less. People also complaint that the online is the main reason for the slow down of market.