Future Group firm Brand Factory is eyeing over three-fold jump in turnover to Rs 3,500 crore by fiscal 2020 as it expands its footprint across the country.
Kishore Biyani, CEO of Future Group said that the worry is additional cost that will come with digital payment system. However, he is confident that the government will extend some subventions on charges beyond this year-end.
On the first day of cash dispensation the company saw around 50,000 transactions conducted, says Kishore Biyani, Chairman, Future Retail.
Future Group currently has 8-9 reasonably-sized investments that are mature now and the company will consider divesting them in the current year, said Kishore Biyani, founder and chief executive of Future Group.
Kishore Biyani, Founder and CEO, Future Group talks about the impact an FDI policy may have on the business.