Ambani-Biyani deal: Future Group's footprint to shrink by 80% in revenue

Future would be one of the top contract manufacturers in FMCG, fashion space but with wafer-thin margin

Kishore Biyani, after having sold his retail and supply chain businesses to Reliance Retail, will be left with food and grocery (FMCG), and garments manufacturing, besides the insurance joint venture with Italy’s Generali.

As a ballpark estimate, the footprint of Future Group will shrink by around 80 per cent in revenue and nearly 90 per cent in operating profit. 

Biyani will become one the largest suppliers of packaged foods, groceries, and garments to Reliance Retail once the deal is through. With combined revenues of around Rs 7,300 crore, Future Enterprises would be one of the country’s top contract manufacturers in