The Government Realises the Importance of Domestic Market
Images Retail|March 2024
Rahul Mehta, Chief Mentor of CMAI on Indiasize, the government’s focus on domestic retail, industry’s asks and more
Shiv Joshi
The Government Realises the Importance of Domestic Market

The India opportunity for retail business is massive, considering the country's population is over 1.4 billion. And the government is keen on tapping the opportunity by growing retail. It is constantly in dialogue with industry representatives to understand ways to maximise the potential. One such closed door meeting was held at Bharat Tex 2024 at Bharat Mandapam, Pragati Maidan.

In a meeting anchored by the Clothing Manufacturers Association of India (CMAI), Rohit Kansal, IAS, Additional Secretary, Ministry of Textiles discussed 'Retailing for the Future - Capitalising on India Growth Story' with Rahul Mehta, Chief Mentor, CMAI; Harminder Sahni of Wazir Advisors; BS Nagesh, Founder TRRAIN & Chairman, Shoppers Stop; Ashish Dixit, Managing Director, Aditiya Birla & Fashion and Retail Ltd; Lalit Agarwal, Managing Director, V-Mart; Vineet Gautam, Chief Executive Officer, Bestsellers India; Manish Kapoor, Managing Director & CEO, Pepe Jeans London; Amitabh Suri, Chief Executive Officer, Arvind Fashions Ltd.; Sanjay Vakharia, Chief Executive Officer, Spykar Lifestyle; Siddharth Bindra, Managing Director at BIBA Apparels; Nikhil Mohan, Founder, Blackberrys; Anant Daga, Managing Director, TCNS Clothing, Mayank Mohan, Promoter, Mohanlal & Sons and Manjari Upadhyay, CEO Domestic Retail Business, Welspun.

In an exclusive interaction on the sidelines of the event, Mehta of CMAI spoke to IMAGES Retail on the government's focus on the domestic market and retail, industry's asks, innovations in the industry and much more. Edited excerpts...

What potential does the government see in domestic retail?

この記事は Images Retail の March 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Images Retail の March 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

IMAGES RETAILのその他の記事すべて表示
McDonald's The Maharaja Mac Of Transit Retail
Images Retail

McDonald's The Maharaja Mac Of Transit Retail

While McDonald’s serves as a great example of successfully Indianising a global brand, it is also an insightful case study in strategically making transit retail work

time-read
9 分  |
October 2024
Founders, Market are Key for D2C Investors
Images Retail

Founders, Market are Key for D2C Investors

Investors and brands across the retail landscape are the crucial factors considered when raising funds

time-read
3 分  |
October 2024
Powering Consumption Growth India's Home and Household Market Report
Images Retail

Powering Consumption Growth India's Home and Household Market Report

The report from Deloitte India projects that India’s home and household market is witnessing strong demand, particularly in tier 2 and tier 3 cities that are emerging as growth hubs

time-read
5 分  |
October 2024
Tech Infra Readiness Among Top Challenges in GenAI implementation
Images Retail

Tech Infra Readiness Among Top Challenges in GenAI implementation

Tech infrastructure readiness is one of the top three challenges organisations in the technology, media, and telecom (TMT) sector face when implementing Generative AI (GenAI) solutions, a report stated.

time-read
1 min  |
October 2024
Amazon India Introduces AI Chatbot Rufus Ahead of Festive Sale event
Images Retail

Amazon India Introduces AI Chatbot Rufus Ahead of Festive Sale event

E -commerce major Amazon India launched a new generative AIpowered conversational shopping assistant, Rufus, ahead of the start of its festive sale event.

time-read
1 min  |
October 2024
'Fusion of Art and Commerce Helps Virtuous Retail Create Culturally Rich Shopping Environments'
Images Retail

'Fusion of Art and Commerce Helps Virtuous Retail Create Culturally Rich Shopping Environments'

Sumi Gupta, board member of VR South Asia, who spearheads all things art and culture at the group, talks about the unique approach of curating art festivals in retail spaces to foster a deep community connection and drive commerce

time-read
5 分  |
October 2024
Jumboking's Travel Retail Journey
Images Retail

Jumboking's Travel Retail Journey

About 95% of Jumboking's outlets are positioned at busy transit hubs benefiting from the high foot traffic these places enjoy

time-read
1 min  |
October 2024
What's Driving the Success of Electronics on Q-commerce
Images Retail

What's Driving the Success of Electronics on Q-commerce

Electronics are among the hottest selling items on q-commerce. Here's what's driving the trend and why the collaboration is a win-win for all stakeholders

time-read
4 分  |
October 2024
Measuring the Influencer Effect
Images Retail

Measuring the Influencer Effect

Influencer marketing has become a core part of every brand's marketing. But does it really benefit brands?

time-read
3 分  |
October 2024
Mid-range Smartphone Users Lead in Premium Product Engagement
Images Retail

Mid-range Smartphone Users Lead in Premium Product Engagement

The study, conducted by Bobble AI’s Market Intelligence division, delves into the online shopping behaviour of smartphone users

time-read
3 分  |
October 2024