Integrated food and FMCG platform in India
Created by Kishore Biyani, a successful and visionary retail entrepreneur who pioneered many retail concepts in India, Future Consumer Enterprise Limited (“FCEL”) leads the integrated food strategy of Future Group. Its businesses are spanning along the whole food value chain, from industrial parks to the marketing of food brands and home care products (e.g. Premium and Golden Harvest, Tasty Treat, etc.) to urban retailing (KB Fair Price and Nilgiris) and rural wholesaling (Aadhar). FCEL has however recently decided to focus on the manufacturing, marketing and distribution of packaged food and beverage, its fastest-growing segment, and therefore franchise the operations of its retail formats to syster company Future Retail Limited.
Previously known as Future Ventures (before the spin-off of its fashion business, which was merged into Future Lifestyle Fashions Limited), in which Verlinvest invested in mid-2012, the company has been listed as Future Consumer Enterprise on the Bombay stock exchange since July 4, 2013.