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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How did he begin?
Reading success stories of greatest professionals stimulates motivational enzyme within us and we all wish to emulate them on path of success. Following above you will read today success story of Mr.
Born on August 9, into a small trading family, Biyani started his first business enterprise selling stonewash fabric to small shops in Mumbai. Famous for his unconventional style of running the business he was initially written off by the media. Biyani defied the status quo and challenged the conventional mindset by significantly thinking big.
Led by its flagship enterprise Pantaloon Retail, today operates around kizhore million square feet of retail space in over 85 cities and towns and 65 rural locations across India. Headquartered in Mumbai it employs around 35, people and is listed on the Indian stock exchanges.
It also operates popular shopping portal, futurebazaar. While retail continues to form the core business of Future Group its appetite for food is steadily increasing with newer retail formats and is scaling up operations with Foodhall, its latest venture into the food retail space, which would offer a different format to cater to the growing aspirations of the consumers. Targeting affluent consumers its aim is to tap the urban Indian consumer who wants to experiment with both imported food items like wines and chocolates and grocery regulars like exotic spices and organic lentils.
It is for the discerning customer and will be opened in 15 different locations with the largest one coming up on MG road in Bangalore. Another venture, Future Fresh is into the supply of fruits and vegetables and is sourcing from across the world, from New Zealand to Canada.
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It is also setting up supply chains of food and vegetables. The idea is to give consistency biani quality in fruits and vegetables in the long run coupled with world class technology and processes. The book has sold somecopies, more than any other business book published in India so far. 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.
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