Senior Correspondent, IndianRetailer.com & Retailer Magazine Jun 04, 2010 / 2 MIN READ
Kishore Biyani-promoted retail giant Future Group has announced the launch of Future Innoversity, an academic initiative of its learning-training-education arm, Future Human Development Ltd.
It will offer two-year full-time flagship MBA and three-year full-time BBA courses in retail and entrepreneurship. Both programmes are certified by IGNOU and approved by the UGC.
Kripesh Hariharan, Head-People Office, Central and Brand Factory, Pantaloon Retail (India), said the courses would be conducted in Bangalore, Kolkata and Ahmedabad. Each centre would have 18 classrooms and over 500 students in total would be enrolled.
He added that all successful MBA and BBA students would be inducted into the Future Group companies - Big Bazaar, Pantaloons and Central - at managerial and supervisory positions.
One more centre would be set up in Delhi soon.
Unveiling India's Retail Revolution: Tech Disruptions, Consumer Shifts, and the Future of E-CommerceGiven this divergence, industry projections indicate Tier II and III cities will continue dramatically outpacing their Tier I counterparts in online order growth rates over the next decade.
During Mumbai Tech Week, Chandok also emphasized that those who do not embrace AI, risk falling behind in the rapidly evolving technological landscape.
In the dynamic arena of retail, departmental stores stand tall as monuments of progress, convenience, and diverse offerings.
But the winds began to shift in the mid-2010s. Mounting debt, fueled by ambitious expansion plans and a competitive landscape increasingly dominated by e-commerce players like Amazon and Flipkart, put immense pressure on Future Retail.
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