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    Kishore Biyani-led Future Consumer to take its brands to the bigger bazaar

    Synopsis

    Future Consumer will take its product offerings to general stores across the country with an aggressive policy.

    The company’s focus would be on consolidation and strengthening distribution of existing products and not acquisitions.
    NEW DELHI: Kishore Biyani-led Future Group company Future Consumer is set to take its portfolio of over two dozen personal care, snack and homecare products to general stores across the country, competing with consumer goods giants Hindustan Unilever, Reckitt Benckiser and PepsiCo amid slowing consumption in India.

    “So far, we have been distributing only a few of our own brands in general trade in a limited way. We will aggressively distribute our brands in general trade outlets now,” Future Consumer managing director Ashni Biyani said.

    The portfolio including Tasty Treat snacks, Voom fabric care, Dreamery dairy items, Mother Earth organic staples and Kara personal care products are sold mainly in Future Group’s retail chains such as Big Bazaar and Easyday.

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    “Building a strong distribution network beyond Future Group is our next growth frontier to win. We will focus on building robust distribution and create the right go-to-market strategy as we distribute in general trade,” she said.

    Consumption in India has slowed across channels, especially in the rural markets. The FMCG sector grew 7.3% by value in July-September, down from 16.2% a year earlier, Nielsen said in a report in October.

    Future Consumer on Tuesday named former Jyothy Labs chief operating officer Rajnikant Sabnavis its new chief executive officer, effective January 1, 2020. Sabnavis was previously with HUL for over two decades. Devendra Chawla, who was chief of Future Consumer, quit over two years ago to join rival Spencer’s Retail as CEO.

    Biyani said the company’s focus would be on consolidation and strengthening distribution of existing products and not acquisitions.

    While Tasty Treat biscuits and Kara wipes are available across 30,000 general trade outlets, dairy brand Dreamery reaches 3,000 general stores, besides online platforms Amazon, BigBasket and Grofers, the company said. Dreamery milk, milkshakes, curd and yoghurt have been launched in partnership with New Zealand’s Fonterra.

    Snacks such as Terra Chips and Sensible Portions will be available across 32,000 cities by next year, it said. Both are marketed under Hain Future Natural Products, a venture between US-based Hain Celestial Group and Future Consumer.
    (Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

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    7 Comments on this Story

    Subbu India291 days ago
    We are happy with Future Group. Carry on and do not go for merger with a foreign company.
    Madhu Cwm291 days ago
    ashniji has the right to dream. but nothing is going to fructify
    Umang Mathur291 days ago
    Future group should also look into trying up with likes of Amazon / Flipkart. Right now they have a limited online presence.
    The Economic Times