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prashant kumar
pawan nagar
neha chandel
chaman kumar
About kishore biyani
m Kishore Biyani is the person who¶s talent is
transforming India Retail and Indian
Economy with his vision and power to grow.
He is the person, who stood up and is going
well to break the parameters of Indian
Retail.
m He is known by several names:
the king of retail
the unstoppable indian
the man who saw the future
m Kishore Biyani, belongs to a trading family
from Rajasthan settled in Mumbai for more
than 60 years now. He was never interested in
studies but did complete his commerce
graduation and always had ambition of making
it big in business. He didnt join the family
trading business but rather than tried out
different things on his own, like readymade
garments, textile production, creating brands
before he ventured in retail business of selling
garments. he is true visionary when he started
selling readymade garments when nobody
preferred ready-to-wear shirts or trousers.
 i
 







m ¦nlike most people, Kishore Biyani makes

no bones about his simplicity. He's the man
you're most likely to ignore at the
Pantaloon or Big Bazaar store, as he stands
in a corner observing the way you shop.
But make no mistake, what he may lack in
sartorial style, he more than makes up
through his observation powers.
m Kishore Biyani was awarded the  
 




  in
the Services Sector and the
 

 
 




  by Prime
Minister, Dr. Manmohan Singh in 2006. He
was also awarded the  
 








2006.
He recently authored a book, ÿ

 
 
ÿ that captures his
entrepreneurial journey and the growth of
modern retailing in India.
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HIS B¦SINESS KINGDOM
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m èeekly targets are fixed and reviewed
every Monday. The badshah of the bazaar
jets between his stores across the country
to "spend at least six or seven hours every
week in the stores", he says. Even when
he's in inspection mode, Biyani takes time
off to cut more deals.
m Last month he snapped up Indus League
Clothing, a garments company in which he
picked up 68 per cent equity for Rs 24 crore
(Rs 240 million).
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Key points to his success
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India was on the move of revolution,
when he entered in this business,
people not only welcomed him, but
led him to lead the retail business
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m Biyani hasn't always played in the big league. Having
quit the family business, which supplied denim to
Arvind Mills [ Get Quote , in 1987, he collected Rs 7
lakh and set up a small plant that produced 200
trousers a day.
m In the crowded market of readymades, Biyani learned
his first lesson - to be heard, you need to shout
louder than the rest. As a result, though the turnover
for his Bare brand was only Rs 7 lakh in the first year,
he spent Rs 16 lakh advertising it.
m He also added John Miller shirts to his portfolio. This
year, Pantaloon will spend Rs 85 crore (Rs 850
million) advertising its various store formats.
m The shift from manufacturing to retail was
the critical point in Biyani's career.
Distribution costs were the reason brands
were snuffed out in the market, so Biyani
decided to rewrite the rules of the game.
m In 199å, he experimented with a small
store format, and Pantaloon Shoppe was
launched in Panjim, Goa
m From the shoppe to the large store format
in 1998 - this time in Kolkata And he was
proved right when the Kolkata Pantaloon
store became a raging success and Biyani
stepped on to the turf as a super retailer
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m In last three years, Pantaloon Retail, which
operates a clutch of formats including a
departmental store (Pantaloons),
hypermarket( Big Bazaar), and malls(
Central), has added 7 million square feets
over the last three years, taking its retail
space to a little more than 8 million sq. ft.
by june 2008 and top line from Rs 1,072.54
Crore in 2004-05 to Rs 5714 Crore in 2007-
08.
m Biyani says:´ èe are still the largest in
every category that we operate in today 25
percent of the retail space in the country is
occupied by us,´



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m Kishore Biyani & his Vision for India¶s
Retail has marked up Significant
performance. he is true visionary when
he started selling readymade garments
when nobody preferred ready-to-wear
shirts or trousers. Now his vision is
serving indian society and which is
unchallenged.
2)Risk taker
m Kishore biyani didnt join the family
trading business but rather than tried
out different things on his own, like
readymade garments, textile production,
creating brands before he ventured in
retail business of selling garments. He
took risk in doing something new
everytime.
&

m He was never interested in studies but
did complete his commerce graduation
and always had ambition of making it
big in business, and that he have done.
4)simplicity
m Let me tell you something very special
about him, You¶ll never catch him in a
tie and jacket. He isn¶t a stickler for
large cars, and has just graduated from
driving a Honda City to a Honda Accord,
though he¶s just as content driving
around in a junior manager¶s Maruti.so
he is a very simple personality
concentrated on his goals.
5) optimistic
m Till six months ago, in his own words,
Kishore Biyani was an ³eternal optimist´.
Today, he¶s transformed into a ³realist´.
³it¶s my next phase in life,´ shrugs the
Chairman of the Rs 8,600 crore Future
Group, which has today moved away from
retail into financial services (Consumer
finance and insurance), logistics and supply
chain, retail media and brand development.
³But I will never be a pessimisr´, he adds
for good measure
 Values at future group

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Kishore advices for new
enterpreneurs:
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