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Thursday, April 27, 2017

Future Group founder Mr. Kishore Biyani's target Rs. 1 lakh crore


By on Thursday, April 27, 2017

Future Group founder Mr. Kishore Biyani's target Rs. 1 lakh crore..!


He’s betting big on small stores to help him reach 1 crore (10 million) households by 2020-21 (FY21), report Mr. Abhineet Kumar and Mr. Raghavendra Kamath.
Future Group founder Mr. Kishore Biyani recently cycled from Jodhpur to Jaisalmer, in Rajasthan -- a distance of 280 km. It was part of his itinerary to visit a dozen small towns last month.

These were not pleasure trips but a sort of business recce, as Biyani gets his group ready to meet an ambitious target of selling goods worth ₹1 lakh crore annually by 2020-21.
He plans to do so by selling groceries, apparel and electronics worth ₹1 lakh every year to at least 10 million households.
These trips are helping him meet and understand the needs of potential customers. And he is betting on kirana or small stores. recently cycled from Jodhpur to Jaisalmer, in Rajasthan -- a distance of 280 km. It was part of his itinerary to visit a dozen small towns last month.

These were not pleasure trips but a sort of business recce, as Mr. Biyani gets his group ready to meet an ambitious target of selling goods worth Rs. 1 lakh crore annually by 2020-21.(FY 21)
He plans to do so by selling groceries, apparel and electronics worth Rs. 1  lakh every year to at least 10 million households.
These trips are helping him meet and understand the needs of potential customers. And he is betting on kirana or small stores.

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