A New Age FMCG Company

Future Consumer is a leading data and tech-driven FMCG company that is guided by FMCG 2.0 principles to drive imagination, velocity, efficiencies, and achieve scale in our business.

We understand evolving India.

We are combining cutting-edge consumer insights, technology and innovation to develop and grow a range of products across multiple categories in food, home care and personal care and beauty space that deliver on needs and aspirations of India’s next generation, young customers.

In food, the opportunity lies in branding as food itself is an under-branded category in the country. More than 670 million Indians today were born in the post-liberalisation era (1990 onwards). Over 65 percent of the market is unbranded, according to estimates, with 1.3 billion people who are only just beginning to consume.

We understand evolving India and its aspirations from food to home care and personal care and beauty. We are building brands that reflect the shift in thinking of consumers and the category.

The Indian kitchen has changed significantly. New technologies, gadgets, diets, fashion have had an impact. The kitchen is not only a space for chores but also for display.

Our focus on quality helps us command a premium for our products. It helps instill confidence among our customers.

Vision & Values

Vision


We are building a customer proximate FMCG 2.0 company that is led by modern trade and a digitally-enabled distribution network.

Data science gives us insights on the evolving Fast Moving Consumer Generation across categories and enables us to respond to their needs and requirement with agility.

With the help of data, we are engaging and building experiences to excite consumers at the point of purchase and beyond – since 90% of consumer choices are made instinctively

Being modern retail backed, our distribution costs are significantly lower as compared to established FMCG companies. Additionally, we have been able to keepthe marketing costs low as we build brands largely in stores and on digital platforms.

Values


At Future Consumer, we treat our customers as Gods. Our sourcing and processing facilities are our Rasoi (Kitchen), our brands is the Bhog (offering made to God), our distribution and retailing network is the Thaal (Plate).

We believe in the act of celebrating and sharing the bounty of food. This belief in sharing propels us to be fair, caring and responsible towards our consumers, associates, partners and society at large.

We are constantly innovating in every aspect of its value chain (from sourcing, product development, branding and packaging) to create brands in categories that India had not invested in so far.

We are a quality driven organization with a strong and well defined quality policy that takes care of sustainability and overall responsibility to customers, society and environment.

The Board

Leadership Team

India Foodpark

Tumkur, Karnataka

Through India Foodpark, Future Consumer is building one of a kind food infrastructure thereby changing the dynamics of food processing sector. Set-up in partnership with the Ministry of Food Processing Industries, Government of India - this state-of-the-art foodpark facilitates end-to-end food processing along the value chain (grading, sorting, pulping, packaging & distribution) from the farm to the market.

The India Foodpark inaguarated by our Hon'ble PM Shri Narendra Modi

The food processing and packaging business is a global market and India has a lot to offer.

- Shri PM Narendra Modi

Equipped with world-class food processing units, 22,000-tonne storage capacity, cold storage unit and in-house pulping, milling, flouring, spice and dal units, the massive park is spread across 110 acre land in Tumkur region in Karnataka.

The park is a home for several food processing firms where India Foodpark enables them to work through a single window system. The vicinity of Tumkur region is surrounded by the districts of Kolar, Shimoga which are rich in millets, oilseeds, vegetables and fruits.

The park is beneficial for farmers as it avoids the hassle of reaching out to multiple vendors and selling the crops to single point of contact. India Foodpark is strengthening Future Consumer’s existing line of established brands in the commodity and value-added space through better packaging, sorting and distribution. It is built with best line of facilities to foray into newer food categories such as branded fruits and vegetables, frozen and processed food products which are currently not produced in India.

Manufacturing

The food processing industry forms an important segment of the Indian economy in terms of contribution to GDP, employment, investment, and is a major driver for a country's growth. With existing robust set-up of manufacturing units, we areexpanding our foothold in India and abroad.

Equipped with modern technology and large capacity of production, the well-streamlined business of Future Consumer allows the company to source best quality raw material, create favorable storage conditions and subsequently retail the product straight to consumers.

Agri-Sourcing

Future Consumer has one of the leading agri-sourcing operations in the country. The golden harvest of Indian farmers – rice, sugar, wheat, oil seeds, pulses, dry fruits, spices and much more are sourced through 51 centres across India for further grading, quality checks, processing, packaging and distribution.

Future Group Connect

Future Group was founded on a simple idea: Rewrite Rules, Retain Values. This belief, developed in the midst of a fast changing consumer economy in India, created a new kind of consumer organization that combines a wide portfolio of brands in food, FMCG and fashion with the country’s pioneering modern retail network. The group’s presence across the value chain in these consumption categories gives it a unique ability to influence consumption patterns, benefit from front-end data flowing through its supply chain and sourcing networks, and operate with the highest potential margin in these categories.

Future Group’s food value chain begins with its nation-wide network of agricultural sourcing, grading and packaging centres. Along with these sourcing points, the Group operates more than 40 food processing and manufacturing units, and a network of 38 integrated distribution centres forming an India Food Grid that feeds its fast growing network of large and small-format neighbourhood stores. Around 30 food and FMCG brands present across mainstream and fast growing categories contribute one-third of the Group’s total sales in its food and grocery retail networks.

In fashion, more than two-thirds of Group sales come from its own brands. Through a combination of own and outsourced manufacturing facilities, the business designs and sells almost millions of units of garments. Retail chains include the country’s leading lifestyle department store network, a value department store chain, an off-price retail chain, and speciality retail chains.

Future Group operates close to 2,000 retail stores through multiple brands and formats that connect with every customer segment in the country. Every year, almost 600 million customer visits are recorded at the group’s stores. The group’s flagship chain, Big Bazaar operates over 295 stores. The group also operates over 1200 small format grocery stores under the brands EasyDay, Heritage Fresh, Nilgiris and Foodworld. Big Bazaar ranks among the country’s most trusted brands in surveys done by The Economic Times and The Nielsen Company. The group’s fashion business offers customers over 40 apparel and footwear brands as well operates the country’s leading department store networks, FBB, Central and Brand Factory. Its digital footprints include FuturePay, a mobile platform used by over 15 million customers and digital commerce platforms of brands like Brand Factory, FBB, aLL, Koovs, Home Town, among others.

Future Group provides direct employment to over 65,000 people and millions more indirectly, who are engaged with its vendors, supply partners, mall operators and service providers. On any given day, more than 2 million people visit our stores and digital networks, experience our product brands, work with us in sourcing, manufacturing and moving products that fulfil the needs and aspirations of a new India. Explore more on how we are Co-Founders of the New.

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