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Bengaluru Retail Summit 2024 Unveiling the Future of Retail 4

Bengaluru Retail Summit 2024: Unveiling the Future of Retail

Jul 26, 2024 by Mansi Praharaj 0 Comments #Bengaluru Retail Summit, #Bengaluru Retail Summit 2024, #bigbasket, #Brigade Group, #Britannia Industries Ltd, #Britannia Industries Ltd V Muhammad Ali - CEO, #BRS, #CEO, #CEO & Executive Director, #Co-founder & CEO, #Consulting Business Leader for Retail, #CPG, #Drolls India Pvt Ltd Chandru Kalro, #Easybuy, #Enabling Growth, #Enabling Growth” & “Mastering the Market: Transforming Insights into Growth Opportunities, #Ganesan V P, #Hari Menon, #Healux International Pvt. Ltd Deepak Singh - Director & CEO Saturo Technologies Sumit Jasoria, #i – TEK RFID Hari Menon - Co-founder & CEO - Big Basket Dr Shashank Sinha, #IBM, #Italian Colony David R Stanley – Founder & Managing Director, #Johnson Verghese - Managing Director - Fossil Group India Karan Mehta - CEO, #Jt Managing Director, #Karan Mehta, #Kumar Rajagopalan, #Landmark Group, #Landmark Group Rajneet Kohli - CEO & ED, #Managing Director, #MD & CEO, #NEWME, #Nirupa Shankar, #Pharma & LS Industries – India South Asia, #Prestige Group Manohar Chatlani - MD Retail India Pvt Ltd, #RAI, #Rajneet Kohli, #Retail, #Retail Sector, #Retail Technology: Powering Business, #Retailers Association of India (RAI), #Revolutionize Retail with AI Everywhere, #Sheraton Grand Bangalore, #Soch Apparels Pvt Ltd Subhash Chandra - MD Sangeetha Mobiles Mrunmay Mehta - CEO, #Strategies for Retail Success: Navigating a Constantly Evolving Market”, #Tech Adoption: Integrating Digital Innovations with Physical Presence, #thought leaders, #Transportation, #travel, #TTK Prestige Chintan Mehta – Founder, #WOW Skin Science Ashim Ashok Patel

Bengaluru, July 24th, 2024: The Retailers Association of India (RAI) successfully held the second edition of the Bengaluru Retail Summit, a premier event that brought together the brightest minds and influential leaders from the retail industry. Held at the Sheraton Grand Bangalore, the summit emerged as a melting pot of transformative ideas, emerging trends, and invaluable networking opportunities. Against the vibrant backdrop of Bengaluru’s retail culture, it served as a pivotal platform for retailers and brands to engage in impactful discussions, collectively shaping the future of retail in India.

Speaking about the summit, Kumar Rajagopalan, CEO, Retailers Association of India (RAI), said, “India’s retail sector stands at the cusp of profound transformation. The dynamic discussions on strategies for retail success, the seamless integration of digital innovations, and the latest retail ideas have highlighted how industry leaders are navigating this constantly evolving market. Our focus on mastering the market and innovating is diverse. With a burgeoning middle class, expanding digital infrastructure, and strategic government initiatives, we anticipate a dynamic era of growth and innovation. These advancements position the retail sector as a pivotal driver of economic vitality and consumer empowerment in the years ahead.”

Highlights of the Bengaluru Retail Summit 2024 by RAI was the keynote address on ‘Revolutionize Retail with AI Everywhere’ by Ganesan V P, Consulting Business Leader for Retail, CPG, Travel, Transportation, Pharma & LS Industries – India South Asia, IBM.

The summit also hosted two stimulating Fireside Chats with Rajneet Kohli, CEO & Executive Director, Britannia Industries Ltd, and with Nirupa Shankar, Jt Managing Director, Brigade Group.

Expressing delight at the second edition of BRS, Rajneet Kohli, CEO & Executive Director, Britannia Industries Ltd said, “The future of retail lies in seamlessly blending technology with the human touch. Using data-driven insights to understand consumer preferences and deliver tailored experiences will drive growth and foster deeper customer loyalty.”

Hari Menon, Co-Founder & CEO, Bigbasket said, “The retail industry is at a pivotal point where digital transformation is crucial. Integrating online and offline channels is essential to meet evolving consumer demands. Innovation in logistics and personalized services will be the key drivers of future retail success.”

Karan Mehta, CEO, Easybuy, Landmark Group said, “Understanding and responding to diverse customer needs is more important than ever. By harnessing advanced analytics and staying ahead of emerging trends, retailers can create personalized and engaging shopping experiences, ensuring sustained growth and competitiveness.”

The summit witnessed captivating discussions on topics such asStrategies for Retail Success: Navigating a Constantly Evolving Market” “Tech Adoption: Integrating Digital Innovations with Physical Presence” “Retail Technology: Powering Business, Enabling Growth” & “Mastering the Market: Transforming Insights into Growth Opportunities.”

industry leaders speaking at the summit included:

Johnson Verghese – Managing Director – Fossil Group India

Karan Mehta – CEO, Landmark Group

Rajneet Kohli – CEO & ED, Britannia Industries Ltd

V Muhammad Ali – CEO, Retail, Prestige Group

Manohar Chatlani – MD Retail India Pvt Ltd, Soch Apparels Pvt Ltd

Subhash Chandra – MD Sangeetha Mobiles

Mrunmay Mehta – CEO, WOW Skin Science

Ashim Ashok Patel, MD & CEO, i – TEK RFID

Hari Menon – Co-founder & CEO – Big Basket

Dr Shashank Sinha, CEO, Drolls India Pvt Ltd

Chandru Kalro, Managing Director, TTK Prestige

Chintan Mehta – Founder, Italian Colony

David R Stanley – Founder & Managing Director, Healux International Pvt. Ltd

Deepak Singh – Director & CEO Saturo Technologies

Sumit Jasoria, Co-Founder & CEO, NEWME

These thought leaders shared their insights on the latest trends, challenges, and opportunities within the retail sector, fostering a rich environment of knowledge exchange and collaboration. The event’s successful execution has set a benchmark for industry gatherings, reaffirming Bengaluru’s status as a central hub for retail excellence.

About RAI:

Retailers Association of India (RAI) is the unified voice of Indian retailers. RAI works with all the stakeholders for creating the right environment for the growth of the modern retail industry in India. It is a strong advocate for retailing in India and works with all levels of government and stakeholders to support employment growth and career opportunities in retail, promote and sustain retail investments in communities from coast to coast, and enhance consumer choice and industry competitiveness.

Gaurav Taneja 2

How to keep up with heathy habits while travelling

Being a healthy and fit person is a virtue that requires continuous efforts and determination be it following a strict diet or indulging in regular exercise with activities like yoga, running, cycling or spending time regularly in the gym. Nonetheless, when we go for a vacation, we tend to take it easy which is perfectly fine as long as it does not result in us gaining more pounds than expected. More and more people these days like to take an extended vacation as they want to explore everything that their destination has to offer. This is why when they return, they are usually following a stricter diet or a more strenuous regime which becomes extremely hard to follow and can often result in an outburst.

We bring you simple tips to keep up with healthy habits while travelling: –

1)Learn about your destination

When we say learn about your destination, we do not mean just know about the hotel you will be staying in. Use the power of the internet to research what type of food is served usually and which food items are easily available in the region. If you are on a strict diet you will want to know about the grocery store so that you can stock up on food that you have to consume. Moreover, a simple call to the hotel receptionist, the travel desk or restaurant manager will tell you important things which will make you better prepared.

Make sure you include these questions in your list:

• Learn about eating out options and hotel foodservice
• Ask about the use of ingredients that you are allergic to
• Ask if your room has a refrigerator for storing food that you plan on carrying or buying from a nearby grocery store?
• Do you have a grocery store near your accommodation?
• Is there an easily accessible gym to work out especially if your vacation is long?

2)Don’t Overeat

Overeating is a serious problem for people who do not watch the amount of food they are consuming and indulge heavily. We get that you are in a new place and want to try the delicacies it has to offer. However, it is important to make simple decisions and see how your body reacts to it which will tell you what amount to eat of the things that are making you salivate.

Keep in mind these things as they will stop you from overeating:

• Don’t go buffet crazy, a lot of times people eat for two when they see a buffet is included in room stay
• Drinks a lot of water
• Substitute snacking on chocolate and chips with nuts, fruits and yogurts

3)Incorporate exercise in your travel

When we travel a lot of physical work is done that involves luggage or as it is popularly known by the term ‘luggage labour’. We need to pack and unpack our things as well as carry the suitcase from home to airport/train station and then to the hotel. This can take the will to walk through the city you are staying in out of you with you.

Remember these points to incorporate exercise in your travel:

• Ditch the carry bags you plan on taking with you on your outing and travel light with just phone and wallet
• Check out all the outdoor activities you can do like trekking, hiking, boating, swimming among others as per your destination
• Instead of bus or taxi use a cycle available in the city to travel to places

4)Take enough rest

As surprising as it may sound a lot of people try to let go of their routine completely while on vacation by staying up late at night as well as partying till dawn. While this may seem a welcome change at first it can easily spoil your vacation as well as your body. This is because when you wake up when nearly half the day is gone you prefer staying in and are only able to see a few destinations before you head back home with a few extra pounds.

Remember to:

• Sleep on time
• Plan your itinerary
• Begin each morning with an active mindset