The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
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Biyani: 30 million households drive 60% of India's total consumption
“The 30 million, what do you call, three crore households in this country, are basically contributing to 60% of India's consumption.”
Biyani: Legacy FMCG giants will inevitably acquire every successful new consumer brand
“I think they are, they know that they have a very strong balance sheet and ultimately every brand which is getting built, which will be successful, will be bought over by them. Because they will take it to that next 200 to a thousand crores.”
Biyani: Only 11% to 13% of Indians constitute the real consuming class
“I would say 11 to 13% would be the consuming class.”
Biyani: India's top 120 million people account for 70% of FMCG consumption
“Another research which we found out was the total package good consumption in India, FMCG package good in value terms, is 70% of excess is by this India one.”
Biyani: Just 60 customers generate 80% of sales at Mumbai Hermès store
“There is a store in Bombay, Hermes. So, it's the most popular brand of the world. 60 people account for 80% of the business.”
Biyani: A single movie placement virtually created Indian apparel brand Biba
“I remember we made a movie and there was a particular dress which was made by Biba and they still sell that dress after 14 years or 15 years. And that, virtually that dress made Biba as a brand also to a great extent.”
Biyani: India has 1 crore weddings annually and a ₹15 lakh crore wedding economy
“India has, ah, two crore weddings a year. One crore weddings, two crore families. We produce two and half crore children every year. So, and our wedding economy is 15 lakh crores.”
Biyani Estimates India's Affluent Consumer Segment at 30 Million Families
“I would say around, around thirty million families.”
Biyani: I have created more than 120 businesses
“I've created a 120 plus businesses, and I don't think so, there is anything like Foundry, which has gone right from conceptualization, or it's not changed form, anything significant from the day we started to this day.”
Biyani: Indian FMCG retail data for August 2023 dropped 12% year-over-year
“The data of FMCG which came in for August, It was quite disappointing. It was showing 11 month, 11% lower than last month, and even year to year, it was around 12, 13% lower.”
Biyani: Plus-size brand aLL was Future Group's most profitable business ever
“So we had a brand, we built a brand called All, a little larger. That became very big. Actually, it was the most profitable business we ever created.”
Biyani: 20% to 30% of Indians live on government aid
“And I believe, 20% of India or 30% of India, in some sense, lives on government aid.”
Biyani: Future Group compounded at 25% to 30% before COVID
“I saw up and up until COVID came in. When I look back, we compounded maybe at 25, 30% all my life.”
Biyani: India sees 25 million births annually, with 3 million in affluent tier
“India has two and a half crore babies produced, and even 12% of that is 30 lakhs in the community which we want to make them spend money on.”
Biyani: Future Group compounded at 30% annually for 30 years
“I would say, in 30 years, we compounded at 30%. So it was serious. For 30 years, we did grow every year.”
Biyani: Future Group opened first 3 Big Bazaar stores in 22 days
“So we opened three stores in 22 days so that we could build some volumes and some scale.”