According to The Economic Times, The Aditya Birla Group announced that it had appointed consulting firm McKinsey as advisors to its retail plans. The consulting group will be responsible for the company’s entry as well as on the various formats which will be launched. McKinsey also works with The Future Group (formerly known as Pantaloon Group) and KSA Technopak works with Reliance Retail. The Birla Group has already started hiring people for their retail venture and has brought in Vijay Kashyap, Head HR of Shoppers’ Stop and Sanjay Badhe, Head Operations. The group’s retail foray will be spearheaded by its apparel and textile division, Madura Garments, which owns and retails brands such as Louis Philippe, Van Heusen, Allen Solly and Peter England.
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