Dryfruits are fetching a lot of traction in online space. Owing to numerous advantages of exclusive online distribution many wholesellers are now turning into eretailers to reach out their consumer base directly.
The new formed Future Specialty Retail was formed with a subscription amount of Rs 5 lakh. Currently the fashion wing of Future Group runs various brands including Central, Brand Factory, Indigo Nation, Lee Cooper, Sculler and Clarks.
No doubt the much awaited GST implementation with surely effect many industries including retail. Retailer Media caught up some of these industry professionals to know more how the newly made amendments will impact them and their industry as a whole.
As the government clarified that foreign direct investment (FDI) is not allowed in inventory-based eCommerce, Future Group CEO Kishore Biyani pointed out to one of the country's leading online grocers, Bigbasket.