Future Group bets big on food delivery business, to invest Rs 1,000 crore

Affordability could be focus, with lunch and dinner meals priced as low as Rs 40

The country's largest retailer, Future Group, will step into the competitive food delivery space by launching cloud kitchens. In a conversation with Business Standard, Future Group Chief Executive Officer Kishore Biyani said the plan was to be present during every meal, including breakfast, lunch, snacks and dinner. “Whichever way food is being consumed in India, we want to be part of that business,” he said.

While Biyani declined to specify the details, including the timing of the launch and the cities he was targeting, analysts expect the company to soft-launch the service in cities like Mumbai, Delhi, and Bengaluru. A spread