India: Future CEO Biyani pessimistic about the survival of online grocers

India: Future CEO Biyani pessimistic about the survival of online grocers

Kishore Biyani. Photo: livemint.com

Kishore Biyani, chief executive officer of Future Retail Ltd, which operates hypermarket and retail chains such as Big Bazaar, Food Bazaar and FBB, is not optimistic about the survival chances of online grocers, saying their business models are not viable.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter