Virtual Series on Retail 360 degree: Future of Retail was organised by PHD Chambers of Commerce and Industry and JIMS (Institutional Partner) on 21st January 2021. The primary goal of this session was to bring together Retail Leaders in an open dialogue, over a common platform to discuss how business leaders must rise to the occasion, remaining agile to not just survive, but thrive.
The event was inaugurated by the Chief Guest Mr. V.K.Saraswat, Member, Niti Aayog. He addressed the participants with his keynote address and shared his perspective on Future of Retail. He thrown light on the market size and investment scenario of retail industry in India, various Government initiatives, history of disruptions in retailing and global retail sales forecasts. He also focussed on major challenges faced by the retail industry, transition in retail due to technological advancements such as big data, Augmented Reality (AR), Virtual Reality (VR), Internet of Things (IOT), Blockchain and machine learning in his address. He also touched upon various disruptive technologies in consumer products which retailers should include in their strategical move.
The inaugural session was followed by the technical session ‘panel discussion’ on theme ‘Connections and Considerations: The Mantle of Modern Leaders’. The eminent speakers of the session were Mr. Rachit Mathur, Managing Director and Partner, Boston Consulting Group (also Session Moderator); Mr. Rakesh Kaul, CEO and Whole Time Director, Somany Home Innovation Ltd. (SHIL); Mr. Ankit Gupta, Director, Holostik Group; Mr. Takshay Bansal, Joint Managing Director, Dorset Group; Mr. Rajesh Jain, Managing Director and CEO, Lacoste India; and Mr. Varun Gupta, Promotor and Whole Time Director, Kent RO Systems Ltd.
The eminent leaders who were present in the session were Mr. Sanjay Aggarwal, President PHDCCI, also Chairman and CEO, Paramount Communications Ltd., Mr. Pradeep Multani, SVP, PHDCCI, also Multani Pharmaceuticals Ltd.; Mr. Saket Dalmia, Vice President, PHDCCI, also, Managing Director, PG Indsutry Ltd.; Mr. Shashvat Somany, Chairman, Retail Committee, PHDCCI, also VP Strategy, HSIL Ltd.; and Mr. Saurabh Bansal, Co-Chair, Retail Committee, PHDCCI, also Joint Managing Director, Dorset Group.
The diverse and dynamic group of speakers and panellists provided in-depth insight, as well as, actionable and practical tools of engagement models, methods and mechanisms (3Ms) to shape the future of retailers. The Virtual Series is formally supported by Niti Aayog. Hindware Appliances was the presenting Partner, Co-powered by Dorset Industries Pvt Ltd, Gold Partner Holostik Group and JIMS (Rohini) as Institutional Partner.