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.
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.
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 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.
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.
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 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.
