A first of its kind initiative to create a platform for exchange of ideas for the retail industry
East India Retail Summit 2011, a first-of-its-kind retail event in the eastern part of the country empowering the region with retail knowledge to explore bigger and better future opportunities, was today announced at a press briefing at Conclave. Mr. Harsh Neotia, Chairman, East India Retail Summit and Ambuja Realty was present at the occasion to brief the media.
Participants at the summit would include national and international players from across the retail industry verticals like fashion and lifestyle, accessories, footwear, jewellery, eyewear, health and beauty, food and catering services, Information Technology, Retail Real Estate developers etc. The summit, an ideal platform for retailers, retail support businesses, retail technology, retail real estate and franchisors has names like Future Group, Ambuja Realty, Aditya Birla Group, Reliance, RPG, ITC, Shrachi, Avani Group, Shrishti, Manyavar, Moustache, FI Fida, Himalaya Opticals, Khadims and many more as participants.
According to Mr.Harsh Neotia,“The retail industry remains ever dynamic, challenging and precariously saddling the twin worlds of hospitality and realty. Whilst in the East too, we have jumped onto the retail bandwagon, given the tremendous opportunities, I feel we have only just scratched the surface. It is my proud privilege to chair the East India Retail Summit presented by India Retail Forum. This first-of-its-kind regional retail event in the country should be a wonderful platform to share and revise lessons learnt and collectively try and arrive at a blueprint for the retail industry in the eastern region.”
Agreeing to it Mr. Bijou Kurien, Chairman, India Retail Forum, 2010 & President, Lifestyle Vertical, Reliance Retail, was quoted, “ IRF has always strived to create a platform for the stakeholders of Indian retail industry and now we plan to bring this to Eastern India and look forward towards an enriching experience.”
Mr. Thomas Varghese, CEO, Aditya Birla Retail Limited expressed, "I believe the steady economic growth in India in the coming years fuelled suitably by the demographic dividend and rising income levels augurs well for Retail Industry. With necessary steps taken to drive inclusive growth, retail industry is well positioned as a driver of consumption. I look forward to East India Retail Summit organized by India Retail forum which will provide a common platform for all relevant stakeholders to meet, discuss and collectively drive initiatives to develop retail sector specifically in Eastern region.”
The East India Retail Summit will see business leaders from all over the country discussing the East India Market and its making, Power Brands from East, National Retailers’ opportunity in this part of the country, East India Growth Categories & National Perspective and Category Innovators. Further there will be views about the market and the consumer put forward by participants like Future Shop, Shoppers Stop and RPG Group.
The summit aims to bring the masters of Eastern retailscape to talk of the uniqueness of East India as a market and the insights into the finer points of the business that only an expert can tell. Highlight what clicks with the consumer, the high and low points of retail business, opportunities and challenges, strengths and weaknesses of regional retailers (VS national retailers), growth stories and much more.
The two day summit to be conducted on 7th & 8th January 2011 will conclude with recognition to keep the spirit of achievement alive and kicking. East India Retail Awards will honour excellence in the business of retail amid the who's who of the industry.
