Future Supply Chain will manage goods worth Rs 200k crore via distribution centers, says Kishore Biyani

In line with its retail 3.0 strategy, Future Group would be investing Rs 1,000 crore to set up about 38 distribution centers in India that'll cater to food and fast moving consumer goods (FMCG) under its 'India Food Grid' project.

CNBC-TV18's Priya Sheth visited one of the company's distribution center in Chandigarh and spoke to Future Group's top boss Kishore Biyani to understand the growth plans going forward.

“When we thought about the food business, 10,000 stores, Aadhaar Super Market as a rural distribution, we thought of how do we supply, where should our factories be and how can we make other people – who supply to us – participate in something. So the whole idea came was about how the electricity grids are and how power is generated somewhere and delivered somewhere, how can we create a network like that. That is how the whole idea came about creating integrated food distribution centers, wherein we manage all temperature control, all products which services around 200 kilometres within the radius and then we thought how can we create a national grid on it and then a regional grid and then the tertiary grid, which is city grids. Then we started investing in it and now we are ready with it. Out of 38 distribution centres, we have opened the fifth one and within the next three-four years, all 38 would be operational. Anybody can enter the grid anywhere, any part whichever is the nearest to the factories and the goods can be delivered to our entire chains. By that time, we should be having 10,000 small stores, 15,000 Aadhaar stores and multiple Big Bazaars,” Biyani said.