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BY,PIYUSH MATHURSD.JULANR HAFIZPRAKHARDEEP Rastogi

PRAVEEN kumaR

RAVI Kiran. T

BUSINESS ICON(MALE)


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FUTURE GROUP

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Future Group was founded on a simple idea:Rewrite rules, retain values.

This fundamental belief created a new kind ofmarketplace, forever transforming Indian retail.Today its core values continue to guide how they do business and improve the quality of life of thepeople they serve. This came true with the vision ofone man.

WHO IS MAN BEHIND THIS ????


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KISHORE BIYANI

A pioneer of modern retail inIndia, Kishore Biyani is theperson whos talent istransforming India Retail andIndian Economy with his visionand power to grow.

He is the person, who stood upand is going well to break theparameters of Indian Retail.


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He is known by several names:The king of retailThe unstoppable Indian

The man who saw the future


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BACKGROUND

Born on 9th August, 1961 in middle class marwaritrading family from Rajasthan settled in Mumbai formore than 60 years now.

Was never interested in studies but did complete hisEDUCATION- B.Com from HR College ofCommerce Bombay and later Post Graduatediploma in marketing management.


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Always had ambition of making it bigin business and didnt join the familytrading business but rather than triedout different things on his own, likereadymade garments, textileproduction, creating brands before heventured in retail business of sellinggarments

He is married to Sangita Biyani. Theylive in Mumbai with their daughters,Ashni and Avni.


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BIYANI AS PERSON!!

Kishore Biyani is a shy aggressor , a visionary operatorand a non-confrontational warrior.

Strict vegetarian.

According to him,golf is a waste of time. Instead,

he's addicted to a daily half-hour

walk and does yoga twice a week.

He believes in taking quick decisions.


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He is creative and has a sense of analyzing things.

He believes in simple living and is a very family

oriented person.He still retains the character of a middle class, and

can be found roaming outside Big Bazaar watching theshoppers.

Even after reaching the pinnacle of success, he is stilldown to earth and keeps himself close to the groundrealities.


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He took great risks, made a number of mistakes,faltered on the way and, while doing so, learnedthings. He is a compulsive risk taker.

He believes that critics actually helped him to becontinuously on his toes and improve upon what weare doing.

To make him do something, some one had to givehim a good reason or offer some amount of logic.


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Dhirubahi Ambani was his first mental inventor, hispersonal role model. Possibly, he was one of the fewbusinessmen Biyani could relate to.

He is proud of being Indian and considersIndianness as the driving principle behind theenviable success of his company.

He is true visionary when he started selling

readymade garments when nobody preferred ready-to-wear shirts or trousers.


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BIYANI AS A BUSINESS MAN!!

Having quit the family business, which supplieddenim in 1987, he collected Rs 7 lakh and set up asmall plant that produced 200 trousers a day.In the crowded market of readymade, Biyani

learned his first lesson - to be heard, you need toshout louder than the rest. As a result, though theturnover for his Bare brand was only Rs 7 lakh in thefirst year, he spent Rs 16 lakh advertising it.

He also added John Miller shirts to his portfolio.This year, Pantaloons will spend Rs 85 crore (Rs850 million) advertising its various store formats.


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He organized a successful dandia night in hislocality. This is were he showed his first sparkle ofentrepreneurial talent.

KB started his entrepreneurial career by sellingstone wash fabric. He managed to sell lakhs of worthof fabric. This is were he made his first profit.


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He first launched brand of fabric named WBB(white, blue and brown).The brand enjoyed a shortsuccess.

He then launched pantaloons a retail venturedealing in mens wear.

He then established a small fancy-yarn plant by thename of dhruv synthetic with partnership with his

friends.


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Future group business

BRANDS KEY FORMAT NO.OF OUTLETS

Big bazaar Hyper market chain 97

Pantaloons Fashion store 45

Food bazaar supermarket 136

Kbs fair price Food category 102

Future money Consumer finance 150

Electronic bazaar electronics 90

Furniture bazaar furniture 85

Planet sports Sports accessories 54

depot Books n music 112

Lee cooper Fashion for young 31

Shoe factory footwear 17


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At the same time took the distributorship of denimsmade by arvind mills.

Menz wears private limited was

incorporated in 1987. Its namewas later changed to pantaloons.

First franchise of pantaloons opened in goa in 1991 by the name of pantaloons Shoppe. At its height

there were 72 franchises across countries.Pantaloons went public in 1992 to raise 225 lakhs.


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This are the lines by Biyani during recession, "I amnot Afraid of recession, I am just looking forward tobypass lot of technologies. I am just finding the rightproducts for my Consumers, whether it may beFuture Money or Central, I just need to satisfy mycustomer to optimum.

C l f


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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.

Core values offuture group


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Bollywoods dreams.


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AWARDS AND RECOGNITION

Kishore Biyani was awarded the Ernst & YoungEntrepreneur of the Year 2006 in the ServicesSector and the Lakshmipat Singhania - IIMLucknow Young Business Leader Award byPrime Minister, Dr. Manmohan Singh in 2006.

He was also awarded the CNBC First GenerationEntrepreneur of the Year 2006 including the

National Innovation Foundation in India and NewYork Fashion Board


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q International retailer of the year

q Coca cola golden spoon awards in 2008

q Ernst and young entrepreneur of the year

qWorld retail congress awards in year 2007

q Hewitt best employee awards in year 2006

q CNBC Indian business leader awards

q Retail Asia pacific top 500 awards

And list goes on and on and on..


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Regularly ranked among Indias most admiredCEOs, he is the author of the book It Happened inIndia.

It is the story of this maverick entrepreneur'sexperiments with exploration of business the Indianway.

According to media reports, while 10,000

copies(larger ever for an Indian book) of the bookhave already been sold from the day of launch


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Kbs autobiography

Story of big bazaarpantaloons and

great Indianconsumer

One of the bestselling management

book


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QUOTES FROM BIYANI

A salesman should never look smarter than customer. If you want yourself to be heard you have to shout.

Business is simple not a rocket science.

Branding is most important in retail business

Create lowest price preposition in customers mind.

CHANNE KE BHAAV KAJU

STALL KE BHAAV BALCONY

Business should be customer driven against product driven.


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INSPIRATIONFOR FUTURE ENTREPUNERS

According to him- A person who is able to work evenwhen he cannot measure the cause and effect is anentrepreneur, he advices;-Go with your belief and dreams. Keep on pursuing it

.You must realize whether you have the ability tothink beyond .Everyone cannot be an entrepreneur .You need to know if you are comfortable with

getting into uncharted territory .


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Doing Business in India, is not easy, but its easy if youhave the right Business. - Kishore Biyani.


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THANKYOU

N0: 143

PIYUSH MATHURSD.JULANR HAFIZPRAKHARDEEP RASTOGIPRAVEEN KUMARRAVI KIRAN. T

NEHA KUMAR

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