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Rakesh Biyani, Managing Director of Future Retail, told CNBC-TV18 about the demand for consumer-oriented retail spaces and the company's business plans.
"For us, the market in Dussehra, which is the largest market in many parts of the country, has progressed very well. The numbers were very strong, good double-digit growth in several categories. So, the request is good. The first trends around Diwali also seem very promising. I think the request is in line with last year. Last year, growth was also quite strong and maintaining this type of growth is an encouraging figure, "said Biyani on Friday.
" If you look at the trend early, the numbers look good and we should be online with the forecasts we shared. We made our two figures and we should be able to keep it for the whole year, "he said.
" The market is very large and growing. So there is room for many more retailers and what we are seeing today is that as the number of retailers increases, the numbers continue to grow. be strong for everyone. It is not that we are replacing the other, everyone is interested in a larger share of the expanding market, which India offers, and we are all working to create a single product offering and for many from among them who are on the market, "said Biyani.
" We were looking to add about 20 Big Bazaars in addition this year, we are on the right track, "he added.
(Source: CNBC TV 18)
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