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Future Supply Chain Solutions to launch India Food Grid

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Capital Market
Last Updated : Jan 11 2019 | 11:50 AM IST
Future Supply Chain Solutions (FSC) is launching the INDIA FOOD GRID, a network of 38 Integrated Food Distribution Centres (IFDC) across the length and breadth of the country that will provide pan-India reach.

Based on a comprehensive study, FSC has identified 38 locations across the country, which will be developed into large food and FMCG distribution centres with envisaged investment to the tune of 1,000 crores. The INDIA FOOD GRID will be supported by strong infrastructure and bestin-class technology & automation.

Consumer products will get distributed from an IFDC to retail stores in a radius of up to 225 kms. In this journey, the life of each store would be simplified and they would focus on serving customers for their entire food and FMCG needs. The INDIA FOOD GRID will manage distribution right from the manufacturing hubs up till the final point of consumption. Brands can enter the grid from anywhere in the country for consumption anywhere, anytime. It will help improve overall supply chain efficiencies, eliminate wastages, lead to better inventory management and help increase availability of consumer products at locations where the demand is. The INDIA FOOD GRID will ensure secured, guaranteed on-time delivery in full by enhancing consistency, accuracy, speed and reliability of the supply chain.

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First Published: Jan 11 2019 | 11:35 AM IST

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