Making its entry into the last mile retail space, Kishore Biyani promoted Future Group on Wednesday said it will set up 1,500 new format fairprice shops over the next two years.
Some analysts believe convenience stores could be challenged by digital grocery in the future.
.jpg)
But no general trade, because that is a completely different channel of distribution.
Taking control of manufacturing will help boost profits for the food business, but it could leave the group saddled with huge debt.
He wants to transform his retail-led enterprise into a consumer goods giant, and reach Rs 1 lakh crore in turnover by 2021, but is that feasible?
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances