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Future Supply Chain to invest Rs 1,000 cr to create food distribution network

11 January, 2019 8:02 AM
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Future Supply Chain to invest Rs 1,000 cr to create food distribution network

Future Supply Chain Solutions will invest Rs 1,000 crore to create India Food Grid, a network of 38 integrated food distribution centres, that will provide pan-India reach.

The project is meant to redefine India's complex food and fast moving consumer goods (FMCG) supply chain.

"India Food Grid is an ambitious project by us that connects the entire country through a single, multi-layer network. Any supplier, small or big, can join this grid anywhere for further distribution across India. India Food Grid will ensure timely and efficient food, grocery and FMCG distribution," Kishore Biyani, Group CEO of Future Group said.

It has identified 38 locations across the country, which will be developed into large food and FMCG distribution centres with envisaged investment to the tune of Rs 1,000 crore, the company added.

Source: moneycontrol.com

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