Biyani's FSC to invest Rs 1,000 cr to boost supply chain management

FSC plans to create India Food Grid, a network of 38 integrated food distribution centres providing pan India reach

Future Supply Chain Solutions (FSC), promoted by Kishor Biyani's Future Enterprise Ltd, has chalked out a capital expenditure of Rs 1,000 crore to ramp up its capacity to improve its third-party logistics services to existing and new clients.  

With this investment, FSC, India's leading organised third-party supply chain and logistics service provider, plans to create India Food Grid (IFG), a network of 38 integrated food distribution centres providing pan India reach. 

The corpus will be invested in the IFG initiative over a period of three-four years. The company envisages procuring a major share of the fund from internal accruals, with