Tuesday, January 4, 2011

Future Group

Future Group India was established in 1994 with a vision to provide diverse services in Indian and Global markets. The business areas of Future Group cover BPO (Business Process Outsourcing), New Media, Security Management, and Construction. Through their strategic investment and services, the future of Future Group shows a rising star in the business sky of India.

FUTURE RETAIL:
The retails businesses of Future Group in India are divided into three main categories:

Pantaloon Retail India Limited
The leading retail formats under this include:
  • Pantaloons Stores
  • Big Bazaar
  • Central
  • Food Bazaar
  • Home Town
  • E Zone
  • Depot
  • Health & Beauty Malls
  • Online retail through futurebazaar.com

Joint Ventures with International Brands
  • Indus League Clothing that owns leading apparel brands like Indigo Nation, Scullers and Urban Yoga
  • Galaxy Entertainment Limited that operates Bowling Co, Sports Bar, F123 and Brew Bar
  • French retailer ETAM group, US-based stationary products retailer, Staples and UK-based Lee Cooper.
  • Franchisee of international brands like Marks & Spencer, Next, Debenhams and Guess in India
Indian Joint Venture Partners
  • Manipal Healthcare
  • Talwalkar's
  • Blue Foods
  • Liberty Shoes.
FUTURE CAPITAL HOLDINGS
The financial services of Future Group are taken care by Future Capital Holdings. These include:
  • Asset Management and consumer credit are the prime focus financial services. Around 1 billion USD have been invested in retail real estate and consumer brands outlets and hotels.
  • Future Money - It is a financial supermarket format providing consumer credit
  • Joint venture with Italian insurance major Genaral Insurance for providing general insurance services.
  • Venture Capital Funds and Private Equity Funds through kshitijfund.com
BPO (BUSINESS PROCESS OUTSOURCING)
Future Group has made major investments in BPO industry as a venture into the Information Technology Enabled services (ITES) industry. Future Group has subsidiaries offering IT based solutions. These include:
  • Language Services
  • Software Development
  • Content Engineering
NEW MEDIA
Future Group has invested in digital media and computer technology for creating innovative and interactive multimedia presentations. These include:
  • Multimedia Production
  • Broadcasting
  • Publishing
  • Designing
SECURITY MANAGEMENT
Future Group is considered as a reliable tailor-made business and security services provider. They develop their own software and machines for security services. These include:
  • Access Control Systems
  • Time Attendance Systems
  • CCTV
  • Alarm Management Systems
CONSTRUCTION
Future Group bring to you're their past experience in quality construction for building and renovating buildings for leasing to business. Future Group is also involved in the designing, financing and legal considerations of the project undertaken. The construction activities of Future Group in India include:
  • Leasing
  • Landscaping
The latest business activity of Future Group is an investment of Rs. 140 crores in the next three years in cricket-related marketing. The CEO of Future Group Mr. Kishore Biyani has planned out association with cricket and to encash the popularity of cricket in India and globally. Future Group has also organized one-day international cricket series between India and Australia called "The Future Cup".

Corporate Profile
Future Group, led by its founder and Group CEO, Mr. Kishore Biyani, is one of India’s leading business houses with multiple businesses spanning across the consumption space. While retail forms the core business activity of Future Group, group subsidiaries are present in consumer finance, capital, insurance, leisure and entertainment, brand development, retail real estate development, retail media and logistics.

Led by its flagship enterprise, Pantaloon Retail, the group operates over 16 million square feet of retail space in 73 cities and towns and 65 rural locations across India. Headquartered in Mumbai (Bombay), Pantaloon Retail employs around 30,000 people and is listed on the Indian stock exchanges. The company follows a multi-format retail strategy that captures almost the entire consumption basket of Indian customers. In the lifestyle segment, the group operates Pantaloons, a fashion retail chain and Central, a chain of seamless malls. In the value segment, its marquee brand, Big Bazaar is a hypermarket format that combines the look, touch and feel of Indian bazaars with the choice and convenience of modern retail.

In 2008, Big Bazaar opened its 100th store, marking the fastest ever organic expansion of a hypermarket. The first set of Big Bazaar stores opened in 2001 in Kolkata, Hyderabad and Bangalore.

The group’s speciality retail formats include supermarket chain – Food Bazaar, sportswear retailer - Planet Sports, electronics retailer - eZone, home improvement chain - Home Town and rural retail chain, Aadhaar, among others. It also operates popular shopping portal - http://www.futurebazaar.com/.

Future Capital Holdings, the group’s financial arm provides investment advisory to assets worth over $1 Billion that are being invested in consumer brands and companies, real estate, hotels and logistics. It also operates a consumer finance arm with branches in 150 locations.

Other group companies include, Future Generali, the group’s insurance venture in partnership with Italy’s Generali Group, Future Brands, a brand development and IPR company, Future Logistics, providing logistics and distribution solutions to group companies and business partners and Future Media, a retail media initiative.

The group’s presence in Leisure & Entertainment segment is led through, Mumbai-based listed company Galaxy Entertainment Limited. Galaxy leading leisure chains, Sports Bar and Bowling Co. and family entertainment centres, F123. Through its partner company, Blue Foods the group operates around 100 restaurants and food courts through brands like Bombay Blues, Spaghetti Kitchen, Noodle Bar, The Spoon, Copper Chimney and Gelato.
Future Group’s joint venture partners include, US-based stationery products retailer, Staples and Middle East-based Axiom Communications.
Future Group believes in developing strong insights on Indian consumers and building businesses based on Indian ideas, as espoused in the group’s core value of ‘Indianness.’ The group’s corporate credo is, ‘Rewrite rules, Retain values.’
Group Websites:


Leadership
The Future Group employs over 30,000 people and was counted among 15 best employers in India in a survey conducted by Hewitt Associates in 2007 in association with The Economic Times.

The Group has developed a strong senior management team with cross-functional expertise in multiple businesses and is led by its Founder and Group CEO, Kishore Biyani.

Kishore Biyani founded Pantaloons in 1997, followed by a number of popular retail formats including Big Bazaar, Central, Food Bazaar, Brand Factory and Home Town, that now cater to almost the entire consumption basket of a wide cross-section of Indian consumers.

In the recent years, Kishore Biyani has led the group’s transformation into one of India’s leading business houses with presence in capital, consumer finance, insurance, brand development, retail real estate development and logistics.

A staunch believer in the group’s corporate credo, ‘Rewrite Rules, Retain Values,’ Kishore Biyani considers Indianness as the core value driving the group. He was recently awarded the Ernst & Young Entrepreneur of the Year 2006 in the Services Sector and the Lakshmipat Singhania - IIM Lucknow Young Business Leader Award by Prime Minister, Dr. Manmohan Singh in 2006. He was also awarded the CNBC First Generation Entrepreneur of the Year 2006.

Kishore Biyani was born in August 1961 and is married to Sangita and they have two daughters. He recently authored a book, ‘It Happened In India’ that captures his entrepreneurial journey and the growth of modern retailing in India.

Awards
CNBC Awaaz Consumer Awards 2009
  • Most Preferred Multi Product Chain - Big Bazaar
  • Most Preferred Multi Brand Food & Beverage Chain - Big Bazaar
Images Fashion Forum 2009
  • Most Admired Fashion Group Of The Year - Future Group
  • Most Admired Private Label - Pantaloons, the lifestyle format
  • Critics Choice For Pioneering Effort In Retail Concept Creation - Central
For more information on the awards, kindly click here.
Coca-Cola Golden Spoon Awards 2009
  • Most Admired Food & Grocery Retailer Of The Year
  • Most Admired
    Food Court
  • Most Admired Food Professional
For more information on the awards, kindly click here.
Indian Retail Forum Awards 2008
  • Most Admired Retail Company of the year - Future Group
  • Retail Face of the Year - Kishore Biyani
  • Best Retailer Of The Year ( Hypermarket) - Big Bazaar
Future Group was awarded the Most Admired Retail Company of the year by the Indian Retail Forum at a glittering ceremony organised in Mumbai. Mr Kishore Biyani also won Retail Face of the Year.

India Retail Forum (IRF) is a platform for intellectual insights and information exchange for the retail business in the Indian subcontinent. The forum presents the business of retail in the region to a global audience, with the express aim of facilitating understanding about and encouraging investment in this massive marketplace.

Big Bazaar, the value format of Future Group bagged the Best Retailer Of The Year ( Hypermarket).

For more information on the awards, kindly click here.
The INDIASTAR Award 2008
  • Food Bazaar: Best Packaging Innovation
Food Bazaar bagged the INDIASTAR Award for Best Packaging Innovation in India, for its private label brand Fresh And Pure Chakki Atta.

INDIASTAR Award is a biennial event which aims to promote and encourage excellence in packaging design, innovation and technology. The contest was established in 1972 and is considered as the most popular and premier event for India’s packaging fraternity. This year there were around 357 entries and the participants had to submit a sample of their designs for selection.

With this award, Pantaloon Retail (India) Limited becomes the first Indian Retailer to win the prestigious INDIASTAR Award.

Retail Asia Pacific 500 Top Awards 2008
  • Gold Winner - Top Retailer 2008 Asia Pacific
Retail Asia Publishing Pte, the institutor of these awards, aims to set a platform that appraise, raises and recognizes the development and growth of retailing throughout the Asia Pacific region.
For more information on the awards, kindly click here.

Coca-Cola Golden Spoon Awards 2008
  • Most Admired Food & Grocery Retail Visionary of the Year: Kishore Biyani.
  • Most Admired Food & Grocery Retailer of the Year – Supermarkets: Food Bazaar.
  • Most Admired Food & Grocery Retailer of the Year - Hypermarkets: Big Bazaar.
  • Most Admired Retailer of the Year - Dynamic Growth in Network Expansion across Food, Beverages & Grocery: Future Group.
  • Most Admired Food & Grocery Retailer of the Year - Consumer's Choice: Big Bazaar.
The Coca-Cola Golden Spoon Awards 2008, were given away for the first time as a culmination of the ‘Food Forum India 2008’ - a two day convention which saw the participation of leading brands, retailers & retail support organizations from across the globe. The awards were presented to honour enterprise, innovation and achievement in the food retailing business as a benchmark of excellence.

For more information on the awards, kindly click here.


Companies of Future Group
  • Pantaloon Retail (India) Limited
  • Home Solutions Retail India Limited
  • Future Brands Limited
  • Future Media (India) Limited
  • Future Supply Chain Solutions Limited
  • Convergem Communication (India) Limited
  • Pantaloon Food Product (India) Limited
  • Future Knowledge Services Limited
  • Future Capital Holdings Limited
  • Future Generali India Insurance Company Limited
  • Generali India Life Insurance Company Limited
  • Futurebazaar India Limited
  • Weavette Texstyles Limited
  • Winner Sports Private Limited
  • Staples Future Office Products Private Limited
  • Talwalkars Pantaloon Fitness Private Limited
  • ConvergeM
  • Indus League Clothing
  • Galaxy Entertainment Corporation Ltd
  • Future Consumer Products Limited
  • Future Ventures India Limited
  • Foot Mart Retail
Pantaloon Retail (India) Limited
Pantaloon Retail (India) Limited (PRIL), is India’s leading retailer that operates multiple retail formats in both the value and lifestyle segment of the Indian consumer marker. Headquartered in Mumbai, the company operates 16 million square feet of retail space, has over 1,000 outlets (including shop-in-shops) across 73 cities in India and employs over 30,000 people.

The company’s leading formats include Pantaloons, a chain of fashion outlets, Big Bazaar, a uniquely Indian hypermarket chain, Food Bazaar, a supermarket chain, and Central, a chain of seamless destination malls. Some of its other formats include Depot, Brand Factory, Blue Sky, Star and Sitara.

Pantaloon Retail is part of the Future Group which has presence in multiple businesses in the consumption space including consumer finance, capital, insurance, retail media, mall development, logistics and brand development.
Click here for more details on Pantaloon Retail (India) Limited.

Home Solutions Retail (India) Limited
Future Group’s business offers complete retailing solutions for all products and services related to home building and home improvement. The key product categories are CDE (Consumer Durable & Electronics), Furniture, Home Furnishing & Decor, Home Improvement and Home Services. HSRIL operates retail format Collection i, Furniture Bazaar, Electronics Bazaar, Home Town and eZone.
Future Brands Limited
Future Brands Limited (FBL) has been incorporated on November, 2006 and is involved in the business of creating, developing, managing, acquiring and dealing in consumer-related brands and IPRs (Intellectual Property Rights).

Future Media (India) Limited
Future Media (India) Limited (FMIL) was incorporated as the Group’s media venture, aimed at creation of media properties in the ambience of consumption and thus offers active engagement to brands and consumers. FMIL offers relevant engagement through its media properties like Visual Spaces, Print, Radio, Television and Activation.
Click here for more details on Future Media (India) Limited.

Future Supply Chain Solutions Limited
Future Supply Chain Solutions Limited (FSCS) has been incorporated as a separate entity and is involved in the business of providing logistics, transportation and warehousing services for all group companies and third-parties.
Click here for more details on Future Supply Chain Solutions Limited.

Convergem Communication (India) Limited
Convergem Communication (India) Limited (CCIL) (formerly known as Convergem Retail (India) Limited) was incorporated to set up a chain of retail outlets for dealing in areas of communication, data & voice storage and other related products. The company operates mBazaar, mPort and GenM, among other retail formats.

Pantaloon Food Product (India) Limited
Pantaloon Food Product (India) Limited (PFPIL) was incorporated with the object of sourcing and backward integration of food business of the company. PFPIL has sourcing and distribution bases at all key cities across the country.

Future Knowledge Services Limited
Future Knowledge Services Limited (FKSL) was incorporated on January, 2007 and is engaged in the business of business process outsourcing and knowledge process outsourcing.

Future Capital Holdings Limited
Future Capital Holdings Limited (FCH) was formed to manage the financial services business of Pantaloon Retail (India) Limited and other group entities. FCH is one of the fastest growing financial services company in India, with presence in Asset Advisory, Retail Financial Services and Proprietary Research. The company operates a consumer finance retail format, Future Money and manages assets worth over US$ 1 Billion through its various funds including Indivision, Kshitij, Horizon and Future Hospitality. FCH subsidiary companies include Kshitij Investment Advisory Company Ltd., Ambit Investment Advisory Company Ltd., and Indivision Investment Advisors Ltd.
Click here for more details on Future Capital Holdings Limited.

Future Generali India Insurance Company Limited
Future Generali India Insurance Company Limited (FGIICL) was incorporated on October 30, 2006 to undertake and carry on the business of general insurance. The approval for carrying on General Insurance Business has been received from the Insurance Regulatory and Development Authority of India (IRDA) on September 4, 2007.
Click here for more details on Future Generali India Insurance Company Limited.

Future Generali India Life Insurance Company Limited
Future Generali India Life Insurance Company Limited (FGILICL) was incorporated on October 30, 2006 to establish and conduct the business of life insurance in India, which comprises of whole life insurance, endowment insurance, double benefit and multiple benefits insurance etc. The approval for carrying on Life Insurance Business has been received from the IRDA in September, 2007.
Click here for more details on Future Generali India Life Insurance Company Limited.

Futurebazaar India Limited
Futurebazaar India Limited (FBIL) is set up as the e-Retailing arm of the Future Group for providing on-line shopping experience. Futurebazaar.com was launched on January 2, 2007, and has emerged as one of the most popular online shopping portals in India. It was awarded with the “Best Indian Website” award, in the shopping category, by the PC World Indian Website Awards.
Click here for more details on Futurebazaar India Limited.

Weavette Texstyles Limited
Weavette Texstyles Limited was incorporated on December 8, 1994 and is involved in the business of designing, manufacturing, buying and selling, importing, exporting, spinning etc of various types of textile fabrics.

Winner Sports Private Limited
Winner Sports Pvt. Limited caters to the Sports and Lifestyle consumer space. Winner Sports is the exclusive India Licensee for retailing and marketing leading international brands including Converse, Speedo, Wilson, Prince, Spalding and Callaway. It has over 57 stores across 23 locations.

The company operates:
  • Multi-brand sports specialty stores - Planet Sports
  • Value-based sports lifestyle format - Sports Warehouse
  • Mono brand stores - Adidas, Converse, Puma
The company's flagship format, Planet Sports, is a leading name in multi-brand sports and lifestyle speciality retail space. It has one of the largest collection of international sports and lifestyle brands and has an extensive offering for sportswear and equipment across all categories including running, training, fitness, swimming, tennis, golf, basketball, soccer as well as other lifestyle products across categories like footwear, apparel, accessories and sports equipments.

The company aims to be among the most admired sports player in a multi-sports, multi-product format and to augment India’s sports culture. Winner Sports strives to provide integrated, reliable and cost efficient sports offerings to Indian consumers.

Staples Future Office Products Private Limited
Staples Future Office Products Private Limited (SFOPPL) was incorporated on January, 2007 and is involved in the business of dealing in all kinds of office supplies, office equipments and products. SFOPPL is a joint venture between the Company and Staples Asia Investment Limited (a subsidiary of Staples Inc USA). The company’s first retail outlet opened in Bengaluru in December, 2007.
Click here for more details on Staples Future Office Products Private Limited.

Talwalkars Pantaloon Fitness Private Limited
Talwalkars Pantaloon Fitness Private Limited (TPFPL) was incorporated on December 19, 2006 and is involved in the business of setting up gymnasiums and dealing in fitness equipments and other health products. TPFPL is a 50:50 joint venture between the Company and Talwalkars Better Value Fitness Private Limited.
Click here for more details on Talwalkar's Pantaloon Fitness Private Limited.

ConvergeM
The company has entered into a 50:50 joint venture with Axiom Telecom LLC, UAE on July 20, 2007 to do sourcing and wholesale distribution of mobile handsets, accessories and setting up service centres and authorized after sales service centres for mobile handsets in India.

Indus League Clothing
A subsidiary company, Indus League Clothing owns and manages the brands Indigo Nation, Scullers, Urban Yoga, Urbana and their retail formats.
Click here for more details on Etam Future Fashions Ltd.

Galaxy Entertainment Corporation Ltd
It is a group company that operates leisure and entertainment chains, The Bowling Company, The Brew Bar, The Sports Bar, Sportsbar Express and Chamosa.
Click here for more details on Galaxy Entertainment Corporation Ltd.

Future Consumer Products Limited
FCPL is a subsidiary company of Pantaloon Retail India Limited, incorporated in September 2007. The company has two brands under its umbrella - SACH & S Drive, inspired by Sachin Tendulkar. These brands operate in categories such as foods, apparels, personal care and general merchandize among others, and are available through Future Group formats. SACH launched with an apparels range for boys between the ages of 9-16 across Big Bazaars in June 2008.

Future Ventures India Limited
Future Ventures seeks to promote and participate in innovative and emerging business ventures in India.  The group intends to play a role in powering entrepreneurship, by promoting or participating in diverse business activities, primarily in consumption-led sectors in the country, which will be determined primarily by the growing purchasing power of Indian consumers and their changing tastes, lifestyle and spending habits.

FootMart Retail India Ltd
FootMart Retail is a joint venture between Liberty Shoes and the group and operates the Shoe Factory format.

Future Group's Partnerships

CelioFounded in 1978, by Marc and Laurent Grossman, today Celio is a market leader in men's ready to wear clothing in France. Its flag ship store, located in Paris’s Champs Elysee, is spread over three levels.
In addition it also has a presence in Europe, Russia, UAE, Singapore and now in India through a joint venture with the Future Group.

Staples Inc. USA
Staples, a Fortune 500 company is the world’s largest office products company and is committed to making it easy for customers to buy a wide range of office products, including supplies, technology, furniture, and business services. With over 2000 stores across the globe and $27 billion in sales, Staples serves businesses of all sizes and consumers in 27 countries. Staples invented the office superstore concept in 1986 and is headquartered outside Boston.
Staples Future Office Products Pvt. Ltd. was formed in May ’07 with an aim to make it easy for Indian customers to run their offices by providing over 7000 products covering the entire gamut of technology, stationery and office furniture.
Please visit www.staplesfuture.com for more information on Staples Future Office Products Pvt. Ltd.

Future Generali India Insurance Company Limited
Future Generali India Insurance Company Limited (FGIICL) was incorporated on October 30, 2006 to undertake and carry on the business of general insurance. The approval for carrying on General Insurance Business has been received from the Insurance Regulatory and Development Authority of India (IRDA) on September 4, 2007.
Click here for more details on Future Generali India Insurance Company Limited.

Future Generali India Life Insurance Company Limited
Future Generali India Life Insurance Company Limited (FGILICL) was incorporated on October 30, 2006 to establish and conduct the business of life insurance in India, which comprises of whole life insurance, endowment insurance, double benefit and multiple benefits insurance etc. The approval for carrying on Life Insurance Business has been received from the IRDA in September, 2007.
Click here for more details on Future Generali India Life Insurance Company Limited.

Axiom Telecom LLC, UAE
Axiom Telecom is the largest and leading, authorized distributor and retailer for international brands such as Nokia, Sony Ericsson, Samsung, Motorola, Thuraya and i-mate in Middle East and Europe.

Lee Cooper
Founded in 1908, Lee Cooper is the oldest jeans company in Europe having a large and enviable collection for men and women, which combines classics with quality.
For any further info about the careers and recruitment procedure at Future Group and details on the annual report or history of the company also refer the official website of Future Group India.


Contact at:

Tardeo
Future Group
SOBO Central, 5th Floor,
84, Pt. Madan Mohan Malviya Marg,
Tardeo, Mumbai - 400 034,
Maharashtra, India.

Tel:  +91 22 - 6620 1400
Fax: +91 22 - 6644 1401

Jogeshwari
Future Group
Knowledge House, Shyam Nagar,
Off
Jogeshwari-Vikhroli Link Road
,
Jogeshwari (East), Mumbai - 400 060,
Maharashtra, India.

Tel:  +91 22 - 3084 1300
Fax: +91 22 - 6644 2222

Andheri
Future Group
Ascot Centre,
Sahar Road
, Next to
Le Royal Meridien, Andheri (East),
Mumbai - 400 099,
Maharashtra, India.

Tel:  +91 22 - 3007 2300/01
Fax: +91 22 - 3007 2371
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