Man behind Future Group

Mr. Kishore Biyani

King of Retail
Presented by: DEEPAK MODI

MARWADI
kishot

Bansi Lal Biyani moved Mumbai in 1935 from Nimbi (Rajasthan) KISHORE BIYANI was born 9th august 1961 . Second son of shri Laxmi Narayan Biyani and Smt Godavari Biyani in Mumbai.

 He grew up with 12 cousins and

siblings and went to manav mandir high school. He did his graduation from HR college in mumbai

As a child he was average in studies. He loved playing cricket and watching movies. He was always a rebel in his family questioning every social and religious norm.

At college he rarely attended classes.

He never enjoyed working in his family business.

 1979.

He organized a successful dandia night in his locality. This is were he showed his first sparkle of entrepreneurial talent.
KB started his entrepreneurial career by

selling stone wash fabric. He managed to sell lakhs of worth of fabric. This is were he made his first profit.

 1980.He first launched brand of fabric named wbb

(white, blue and brown).The brand enjoyed a short success. 1985.He then launched patloon a retail venture dealing in mens wear. He then eshtablished a small fancy-yarn plant by the name of dhruv synthetic in partenership of sushil sain,krishna jhujunwala each contributing 3 lakhs.

 At the same time took the distributorship of

denims made by Arvind mills. Menz wears private limited was incorporated in 1987.its name was later changed to pantaloon. First franchise of pantaloon opened in goa in 1991 by the name of pantaloon shoppe. At its height there were 72 franchises across countries. Pantaloon went public in 1992 to raise 225 lakhs.

KBs foray into retail: First pantaloon retail outlet opened in garihat kolkata in 1997. It stocked apparel for men and women, stationery , sports goods, gifts toys and household items.
Although kB wasnt the pioneer in organized retail but his

vision ,creativity and entrepreneurial talent steered him through his competitors.

 First big bazaar opened in vip road kolkata .

Sravanas in chennai was the inspiration

behind big bazaar..

 Big bazaars reflect the look and feel of indian

bazaar so that no customer gets intimidated by the surrounding. Big bazaar are consciously designed to look crowded. Each big bazaar is different keeping in mind the test of indian customers. All the future group retail outlets are mechendise driven rather than being operation driven. Expenditure on advertisement and brand building.

Future group business

BRANDS Big bazaar KEY FORMAT Hyper market chain NO.OF OUTLETS 97

Pantaloons
Food bazaar Kbs fair price Future money Electronic bazaar Furniture bazaar Planet sports depot Lee cooper Shoe factory

Fashion store
supermarket Food category Consumer finance electronics furniture Sports accessories Books n music Fashion for young Footwear

45
136 102 150 90 85 54 112 31 17

We like simplicity in our ideas.

We like to learn while we execute. We believe customers are always right.

We take pride in our value of indianess.

We build and nurture relationship. We believe in ourself. We love to rewrite rules ,even as we retain values.

Leadership is not about delegation, its about abdication

K.B believes in open door policy.

Every organisation Needs a : Brahma a creator Vishnu the protector Shiva the destroyer
K.B does not fear people making mistakes.He fears the absence of creative constructive and entrepreneurial energy in people.

It happened in india.
Kbs autobiography Story of big bazaar

pantaloons and great indian consumer One of the best selling management book

Key points to his success

1] India was the Second highest Populated Country in

the World This made his barriers a little easy, He had the consumers in hand, he just needed to get in the right way to drive the customers to his outlets. 2] Capital Availability. Good Credit rating led the Biyani, to receive a good amount of capital and support form the Market.

 3] Revolution.

India was on the move of revolution, when he entered in this business, people not only welcomed him, but led him to lead the retail business

Awards and Recognitions

2006 Ernst & Young Entrepreneur of the Year award.
2006 Lakshmipat Singhania - IIM Lucknow Young

Business Leader award

2006 CNBC First Generation Entrepreneur of the Year

award.

Doing Business in India, is not

easy, but its easy if you have the right Business. - Kishore Biyani.