Kishore Biyani-led Future Group in talks for setting up food park in Assam

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GUWAHATI: BJP led Assam government’s hard selling the state as investment destination finds takers as Kishore Biyani-led Future Group is in talks for setting food park and flour mill in Assam.

The group has announced that it will ramp up its retail presence across the Northeast India.

Biyani who in Guwahati on Sunday told ET, “I had talked to the chief minister Sarbananda Sonowal and we are planning to come up with Food Park and flour mill.”

He said, “We will produce our brand “Desi Atta” from this flour mill. Presently we are scanning various places where the food park can come up. We are studying the rice varieties here.”

Future Group launched central store in Guwahati. The group now plans to roll out at least 20 Easyday stores in Guwahati.

The group also plans to roll out hypermarket chain Big Bazaar in Dibrugarh, Bongaigaon, Tezpur and Tinsukia in Assam.

The group has announced that Big Bazaar will come up in Shillong in Meghalaya, Aizawl in Mizoram and Itanagar in Arunachal Pradesh. According the group its hypermarket chain has conversion rate of visitors of around 75 percent.

Biyani said that in the Guwahati central store we have invested close to Rs 350 Crore. “We are adding two more Big Bazaar in Guwahati. Guwahati presently has one Big Bazaar, which is third largest fashion and retail outlet among the Big Bazaar in the country.”

He added, “The Agartala Big Bazaar is 7th largest Big bazaar outlet in the country. The demand from consumers is very good and there is aspiration among the consumers.”

Biyani said that demonetization and GST implementation did not had much impact on the business of the company.

He said that e-trailer platform has not impacted the business of the company. “We will make foray in Ayurveda products and we are planning to launch hair oil.”

Source economictimes.indiatimes.com
Via economictimes.indiatimes.com

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