Every day, Future
Group brings multiple products, opportunities and services to millions of
customers in India. Through over 17 million square feet of retail space, we
serve customers in 93 cities and 60 rural locations across the country. Most of
all, we help India shop, save and realize dreams and aspirations to live a
better quality of life every day.
FutureGroup understands the soul of Indian consumers. As one of India’s retail
pioneers with multiple retail formats, we connect a diverse and passionate
community of Indian buyers, sellers and businesses. The collective impact on
business is staggering: Around 300 million customers walk into our stores each
year and choose products and services supplied by over 30,000 small, medium and
large entrepreneurs and manufacturers from across India. And this number is set
to grow.
Future
Group employs 35,000 people directly from every section of our society. We
source our supplies from enterprises across the country, creating fresh employment,
impacting livelihoods, empowering local communities and fostering mutual
growth.
We
believe in the ‘Indian dream’ and have aligned our business practices to our
larger objective of being a premier catalyst in India’s consumption-led growth
story. Working towards this end, we are ushering positive socio-economic
changes in communities to help the Indian dream fly high and the ‘Sone
Ki Chidiya’ soar once again. This approach remains embedded in our
ethos even as we rapidly expand our footprints deeper into India.
Key
Group Companies:-
Services
While retail forms
the core business activity of Future Group, group subsidiaries are present in
leisure and entertainment, brand development, retail real estate development,
retail media and logistics. Some of our other businesses include, mobile
telephony brand, T24, operated in association with Tata Teleservices, a supply
chain and logistics infrastructure company, and a company engaged in providing
educational and training services through three Future Innoversity campuses in
Ahmedabad, Bangalore and Kolkata.
Finance
In the financial
space, our group companies offer consumer finance and insurance to customers,
as well as corporate loans and equity investments to companies engaged in
consumer businesses.
Future
Beliefs
Future Group was founded on a simple idea: Rewrite rules, retain
values. This fundamental belief created a new kind of marketplace, forever
transforming Indian retail. Today our core values continue to guide how we do
business and improve the quality of life of the people we serve.
Future Leadership Team
Kishore Biyani – Founder & CEO Future Group
Considered a
pioneer of modern retail in India, Kishore’s leadership has led the group’s
transformation into India’s leading player in the consumption sector. Regularly
ranked among India’s most admired CEOs, he is the author of the book ‘It
Happened in India’. He has won multiple awards from government bodies and the
private sector in India and abroad and is on the board of a number of bodies,
including the National Innovation Foundation in India and New York Fashion
Board.
Anshuman
Singh – Managing Director & CEO Future Supply Chain Management
Damodar
Mall - Director Integrated Food Strategy, Future Group
Kailash
Bhatia - Director & CEO Pantaloons Retail
KK
Rathi - CEO – Future Ventures Ltd.
Santosh
Desai - Managing Director & CEO, Future Brands India Ltd.
Future
Strategy
1. Customer Orientation
2. Continuous Innovation
3. Collaborative Transformation
A new normal is being defined in the Indian consumer market every day.
With far-reaching socio-economic changes that India has undergone in the last
decade, the drivers in urban and rural India are maturing fast.
With a growth strategy tempered with localization and an inclusive
business model, Future Group is the only pure play local retailer poised to
lead India’s consumption story with sustainable value creation.
Our
multi-format retail strategy captures almost the entire consumption basket of
Indian customers. As modern retail drives new demand, efficiency and
consumption in new categories, our strategy is based on our deep understanding
of Indian consumers. We understand the varied buying behaviour of the Indian
consumer across regional ethnicities and are constantly innovating to craft
strategies that address the subtle differences.
Milestones
25 years ago, we began our pioneering journey transforming the Indian
retail landscape, whole-heartedly believing in rewriting rules and retaining
values. Today, our deep footprint across India and landmark growth is testament to our
enduring values.
2011
- ·
April 2011 – KB’s Fair price
celebrates opening its 200 stores in India
- ·
May 2011 – Future Supply Chains
becomes ISO certified
2010
- Future Group launches its telecom
brand T24 in partnership with Tata Teleservices to provide additional loyalty
benefits to its customers.
- Future Group launches products in
key FMCG categories through Sach, a brand co-created with Sachin Tendulkar.
- Future Group connects over 4000
small and medium Indian manufacturers and entrepreneurs with consumers.
2009
- Future Group celebrates its first
Shopping Festival across all retail formats in key Indian cities.
- Future Innoversity starts its
campuses in Ahmedabad, Bangalore and Kolkata to offer degree programs through a
tie-up with IGNOU.
- Future Group partners with HongKong-based Li & Fung Group to strengthen its supply chain and logistics
network across the country.
2008
- Future Capital Holdings becomes the
second group company to make a successful Initial Public Offering (IPO) in the
Indian capital market.
- Big Bazaar crosses the 100-store
mark, marking one of the fastest expansions of the hypermarket format anywhere
in the world.
- Total operational retail space
crosses the 10 million square feet mark.
- Future Group acquires rural retail
chain aadhar from the Godrej Group, which has a presence in 65 rural locations.
2007
- Future Group crosses the $1 billion
turnover mark.
- Specialized companies in retail
media, logistics, IPR and brand development and retail-led technology services
become operational.
- Pantaloon Retail wins the
International Retailer of the Year award at US-based National Retail Federation
convention in New York, and Emerging Retailer of the Year award at the World
Retail Congress held in Barcelona.
- Online portal Futurebazaar.com
becomes India’s most popular shopping portal.
2006
- Future Capital Holdings, the group’s
financial arm, is formed to manage over $1.5 billion in real estate, private
equity and retail infrastructure funds.
- Home Town, the home building and
improvement products retail chain, is launched along with consumer durables
format E-zone and furniture chain Furniture Bazaar.
- Future Group enters into joint
venture agreements to launch insurance products with Italian insurance major
General.
- Future Group forms joint ventures
with US office stationery retailer Staples.
2005
- Future Group moves beyond retail and
acquires a stake in Galaxy Entertainment, Indus League Clothing and Planet
Retail.
- Future Group sets up Kshitij,
India’s first real estate investment fund, to build a chain of shopping malls
1994
The
Pantaloon Shoppe, Future Group’s exclusive menswear store in a franchisee
format is launched across the nation. The company starts distribution of
branded garments through multi-brand retail outlets across the nation.
1992
Pantaloon
Retail India Ltd makes an Initial public offer (IPO).
1987
- ·
The company is incorporated under
the name of Manz Wear Private Limited.
- ·
Pantaloons, one of India’s first
formal trouser brands,is launched.
Future Thought
Retail leadership in India through innovation and transformation
Future Group offers new ways of
thinking about retail and consumerism in India. We believe Retail must take the
lead in renewing our economic growth trajectory. Leveraging the experience and
insights gained in pioneering retail in India, we have developed a deeper
understanding of the evolution of modern Indian retail and its role in driving
sustainable economic growth.
At
Future Group, we believe in channelizing our energies to research-based
innovation for generating value and delivering better experiences to customers.
We are focused on achieving sustainable business performance through the
synergy of customers, communities and partners by ongoing learning, unlearning
and adaptation.
Our
thinking delivers business value in 3 ways
-
Knowing India the Indian Way
· Embracing
Indianness to conduct business across various socio-economic and demographic
segments
Integrating
the traditional approach into modern-day retail to identify critical
customer-value levers and game-changing trends in Indian retail
- ·
Driving Inclusive Growth
· Thriving
in an ecosystem that facilitates collaboration and inclusive growth as a
sustainable economic growth model for India
Creating
fresh employment, impacting livelihoods, empowering local communities and
fostering mutual growth
- ·
Accelerating Innovation
· Driving
innovation with solutions that reconcile the interests of our business, the
environment and other stakeholders Leveraging
powerful research as a co-creation engine to harness consumption opportunities
created by emerging urbanization and lifestyle trends
Locations
North Zone
Pantaloon Retail (India) Limited
3rd Flr, Plot No. 82, Sector 32,
Near NIIT Corp. Office,
Gurgaon,
Haryana - 122 001
Tel: +91 124-464 1000
Fax: +91 124-464 1001
Opportunities
Start Here. Dream Big. Grow Far. We're growing in dynamic ways and are looking for people who will enable us to continue our success.
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