Future Group

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:-

1.    Pantaloons Fresh Fashion Store 

2.    Big Bazar – Naye India ka Bazar –Hyper Market Chain 

3.    Food Bazar – Super Market Chain 

4.    e-Zone – Electronics Super Store 

5.    Home Town – Home Improvement &Building Material Store 

6.    Central – Seamless Departmental Store 

7.    Planet Sports – Sports Wear Retailer 

8.    aadhar – Rural Retail Chain 

9.   KB’s Fair Price – Urban Low-frillsneighbourhood Store 

10.  future bazar.com – Shopping Portal

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.