Indian retail giant Future Group plans to invest Rs4bn (US$85.6m) in an upgrade of the supply chain for its retail stores Big Bazaar, Pantaloon, Central and e-Zone.
The investment will go into the group’s logistics arm Future Supply Chains, which has already seen Rs1.5bn (US$32m) in investment over the past 18 months, reported the Economic Times.
Future Group would invest another Rs1bn (US$21.4m) each year until 2014, said Future Supply Chain’s managing director and CEO Anshuman Singh.
“An efficient warehouse management helps a retailer to reduce logistic cost, save the inventory size and increase shelve availability,” he said.
Future Supply Chains currently has eight integrates distribution centres across India, each covering 18,600m2.
