India. Future Group in fair growth

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9 February 2017 à 17h11

Updated on 10 May 2019 à 17h59

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1 minute

Publication: 9 February 2017 à 17h11, Updated on 10 May 2019 à 17h59

Reading time: 1 minute

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Publication

9 February 2017 à 17h11

Updated on 10 May 2019 à 17h59

Reading time

1 minute

Publication: 9 February 2017 à 17h11, Updated on 10 May 2019 à 17h59

Reading time: 1 minute

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In December 2016, the Indian giant Future Group (hypermarkets, fashion) saw turnover grow by 20%. According to C.E.O. Kishore Biyani, payment by cards jumped from 65% to 85% of sales following the demonetisation policy. “Future Group is able to capture more electronic payments because it is a modern retailer… the situation is different for small mom and pop stores,” said the National Bank of India.

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