I was travelling to Bangalore and at the railway station in Chennai, browsed through the latest titles.... With my new-found interest in retail, what caught my eyes was a just released book 'IT HAPPENED IN INDIA' by Kishoreji Biyani of Pantaloons! (Rupa publishers; there could be a no better bargain with this book priced at just Rs.99/-.... a new price point in business books!)
I picked it up, to see what he had to write about... In a few minutes, I was spell bound by the insights the book throws on, not only the Future Group, as it stands today, but also wealth of information on what are the unique challenges in Indian retailing and how different retailing in India could be contrasted with the rest of the world, where size was the only factor that won! It talks about the umpteen number of retail-formats that are dictated by the 'diversity' and 'uniqueness' of the Indian market/populace, and also the huge opportunity and challenge in taking the retail (r)evolution to the nook and corners of rural India.
It is a testimony to the way a family business has evolved and morphed, and scaled up in size to a model ahead of its time in India.
For anyone who is looking at an opportunity in this happening revolution, this is a must read! and for those who are already a part of this boom, there could be no better 'refresher course in Indian retail'.
As a humble learner of retail, my sincere gratitude to Kishoreji Biyani for sharing his journey to the top and the challenges that will take the country's retail bandwagon forward.......
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