Retail Panel - India's attractiveness - Underlying forces, Sustainability and Future Trends
Is Retail going to replace IT as the next growth engine for India? Will organised retail drive the ‘Kirana’ stores, a key feature of the Indian neighbourhood, out of business? Should FDI be allowed in the retail sector? Is the ever escalating real estate going to stunt the growth of organised retail? …. New found growth in the retail sector has created a buzz in the industry. Retail, a sunrise sector in India, is undergoing a revolution. Its phenomenal growth stems from the growing purchase power of the people, which has led to a significant growth in the demand for a variety of goods, both consumables and durables. Many players have entered the arena albeit with different perspectives. New chains be it speciality, discount, apparel or grocery have sprung up over the last few years. It has been prophesied that retail is all set to be the next growth engine for India. Although full of promise the sector faces many challenges in the form of expensive real estate, limiting government policies, underdeveloped supply chain, inadequate human resources and negative sentiments of thousands of traders, hawkers and farmers. Will the retail industry be able to overcome these challenges or will its success be unravelled by one of the challenges - only time holds the answer to such questions.

Speakers

• Suhas Tuljapurkar, CEO - Legasis Partners
• Sunil Chainani, Independent Management Consultant
• Ajit Joshi, Chief Executive Officer - Infiniti Retail Ltd
• A K Singhal, Chairman - KSA Technopack
• Sambashiva Rao, Chief Executive Officer - Heritage
• B S Nagesh, Chief Executive Officer - Shoppers Stop
• Gurninder Kapur, Chief Executive Officer - Reliance Super Markets