Sunday, February 7, 2010

Anisha Singh writes on Kishore Biyani

KISHORE BIYANI

Everyone must be familiar with this powerful and popular retail brand of the country – Pantaloons, Retail Brand of the Future Group. This popular retail brand got its life by Kishore Biyani, the Managing Director of Pantaloons Retail (India) Limited and the Group Chief Executive Officer of Future Group.
An entrepreneur who always dreamt of the high rise led the company’s foray into organized retail with the opening up of the Pantaloons family store in 1997.
His initiatives were a prelude in more advance, modernized and glitterati corporate field. With opening up of Pantaloons family store, India got registered itself into the Brand Mark system.
It can be noted that within the spate of time, India got more noticed as the brand conscious state with more demanding luxurious lifestyle. One can say that the hands behind it of Kishore Biyani bolstered the country’s fashion mantra at the Global Forum.
After the launch of Pantaloons, Mr. Biyani’s investment came up with the launch of Big Bazaar in 2001, a uniquely Indian hypermarket format that democratized shopping in India. It blends the look, touch and feel of Indian Bazaars with aspects of modern retail like choice, convenience and quality. This didn’t stop him here. This was the only starting which was followed up by number of other formats including Food Bazaar, Central, Home Town and I collection.
The man who always sighed up to which his vision could reach took up another chapter in his retail managerial ability. The year 2006 marked the evolution of Future Group that brought together the multiple initiatives taken by group companies in the areas of Retail Brands, space, capital, logistics and media.
Kishore Biyani advocates “Indianness” as the core value during the group. The Future Group’s corporate credo is “Rewrite Rules, Retain Values”. After achieving so much in through his efforts, Mr. Biyani’s journey continued. He won many accolades for his initiatives.
He was awarded the Ernst and Young Entrepreneur of the year 2006 in the service sector. The Prime Minister of our country appraised him by awarding him IIM Lucknow Young Business Leader award in 2006. Mr. Biyani even bagged an award for the CNBC First Generation Entrepreneur of the year 2006.
Mr. Biyani has achieved and gained a lot, but that doesn’t put a full stop to his initiatives. He is a young Entrepreneur who has guides India in retail sector and made the country robust in this sector.
A peep into his life will fill one up with many teachings which could help the coming generation to develop their abilities in order to be different from the crowd. He has recently authored a book “It Happened In India” that captures entrepreneurial journey and the growth of modern retailing in India.

Thanks, Anisha, for this informative write up.