This story is part of Forbes’ reporting on India’s Richest See full coverage here. India’s retail king Kishore Biyani re-enters the list. Retailing pioneer Kishore Biyani is the founder and group CEO of the $ billion (revenue) retail giant Future Group. The group includes hypermarket chain Big. Kishore Biyani is Chairman/CEO at Future Group. See Kishore Biyani’s compensation, career history, education, & memberships.
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Future Group has acquired e-commerce firms such as Koovs and FabFurrnish and has been rolling out initiatives to divert online consumers to stores.
The idea is to give consistency and quality in fruits and vegetables in kishoer long run coupled with world class technology and processes. Turnover in was 47 billion rupees. A final shape to an agreement between the two parties is expected to take place within the next 10 days, the sources said. FALL Now as much as things were going niyani and success seemed to be touching his feet, the company took a bad hit. Kishore Biyani is an Indian businessman. In addition to the threat posed by the conglomerates, the economic downturn affected Biyani’s business and his methods.
The book has sold somecopies, more than any other business book published in India so far. Cyan Default Red Orange.
Views Read Edit View history. Headquartered in Mumbai it employs around 35, people and is listed on the Indian stock exchanges. Kishore Biyani sees a chance to build an Indian Alibaba Biyani called Centre’s new ecommerce policy a game-changer for offline retail firms.
CEO of Future Group. InBiyani floated 60 per cent of his business on the Indian stock market to raise funds for expansion, store improvements and marketing.
Kishore Biyani is an Indian businessman. Biyani, who has ksihore to making “whimsical decisions”, had ignored the prevailing opinion of modelling retail businesses on those in the West and had instead concentrated on concepts that were familiar to India. ET EnergyWorld A one stop platform that caters to the pulse of the pulsating energy.
Kishore Biyani – Wikipedia
Kishore Biyani has tried, has worked out in his favour, just like every other human being and a successful businessman.
Like it is said: Bitani 31, Retrieved from ” https: Biyani defied the status quo and challenged the conventional mindset by significantly thinking big. He appointed a cousin, Rakesh Biyanimore methodical and patient than himself, to take over his responsibility for the retail business and in particular to resolve issues with the poor supply chain and internal distribution logistics that had resulted from rapid expansion.
RISE In a short span he reached to the peak of demand from the market and sold more than 30, to 40, metres of the material each month.
Kishore Biyani’s advice to global retailers eyeing India: From the B Schools. Growing up in the Malabar Hill area of Mumbai, Biyani attended the city’s HR College but thought little of his studies, preferring instead to rely on a gut instinct and observation in business. Kishore Biyani, the current pin-up boy of the Indian retail industry, has played multiple roles including trader, a failed film-maker, a dance festival organiser, in his career but eventually settled to become an innovative retailer.
Kishore Biyani 5 Sep, Hence, to fix the mess, Kishore began exploring the idea of transforming Pantaloon into large-format retail stores of his own in and that is when he stumbled upon a 10, sq ft property in Kolkata.
Inspiring Success Story of Kishore Biyani – Founder and CEO of the Future Group
He announced that there were plans for a further restructuring of parts of the business to enable it to become debt-free by March He has admitted since that this expansion across the country created logistical problems for the company, especially with regard to managerial oversight of its franchisees. Other than going on a spree of opening stores, he also spent a huge chunk on marketing as well, and by 94, word has it that Pantaloon franchise had turned into a 9 million laying hen, annually.
Global alliance can bring money, not technology: The elite food futurist, who discards the conventional mode of thinking, is now sharpening his focus in the food space at a time when retail chains run by the Tatas and Birlas have already forayed into this arena with a similar set-up. Today, the Future Group has more than yistory Million sqft of retail space in 90 cities and 60 rural locations, and is also in plans to add in more 9 Million sqft in the years to come.
Kishore is one of the very few men who have managed to build an entire empire, all by himself, and without any godfathers or family backing. Since then he has gone on to open more than stores country wide and has been catering over 2 Million customers per week.