Retailers Discuss Ways to Stay Ahead of the Curve at the RAI Hyderabad Retail Summit 2024

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Retailers Discuss Ways to Stay Ahead of the Curve at the RAI Hyderabad Retail Summit 2024
Retailers Discuss Ways to Stay Ahead of the Curve at the RAI Hyderabad Retail Summit 2024

Retailers Association of India (RAI) hosted the third edition  of the Hyderabad Retail Summit (HRS) on April 24, 2024 at the Hotel ITC Kohenur Hyderabad. HRS is a content-led platform for industry stakeholders across categories to  come together to learn, connect and engage in a common dialogue over issues relevant to  retail in the region. 

Speaking about the developments in the retail industry, Kumar Rajagopalan, CEO,  Retailers Association of India (RAI), said, “The retail sector in Telangana has undergone  a rapid transformation, spurred by a modernisation wave that blends offline assurances  with online convenience. At the heart of this evolution are our tech-savvy consumers, largely  influenced by the region’s robust IT industry. These consumers are not just looking for  products; they demand seamless integration of online accessibility and the reliability of  offline retail experiences. This dynamic shift is pushing the retail industry towards a model  that promises the best of both worlds, setting a benchmark for retail innovation  across the nation 

Delivering a special address at the Hyderabad Retail Summit 2024, Shri Jayesh RanjanHon’ble Principal Secretary – Industries, Commerce and Information Technology,  Government of Telangana, expressed, “Unless people show willingness and inclination to  learn new things, the industry stagnates. One of the reasons why Hyderabad is one of the  best cities to live in is because of the retailers. Hyderabad offers whatever a consumer  requires like price points, variety – there is something for everyone here.” 

Highlights of the Hyderabad Retail Summit (HRS) 2024 were the in-depth panel  discussion on topics such as The Modern Retail Renaissance: Innovations And Consumer Centric Strategies, Retail Revolutionised: The Technological Transformation, and  Revolutionising The Indian Grocery Industry: Technology, Supply Chains, And Logistics. 

Sharing valuable insights on these panels were some prominent faces of the retail  industry in the region, namely Avnish Kumar – Managing Director, Neerus Ensembles;  Gautam Gupta – MD & CEO, Paradise Food Court; P Jayakumar – CEO, Apollo Pharmacy;  Taran Chhabra, Co-Founder, Neeman’s, Vikash Hisariya – Managing Director, Vishal  Peripherals, among others.  

As the head of RAI’s Telangana Chapter and Managing Director of Neerus Ensembles, I am  thrilled to witness the convergence of industry leaders at the Hyderabad Retail Summit. This  summit serves as a pivotal platform for exploring and embracing new strategies tailored to  evolving consumer behaviours. Our focus at RAI to connect, converse, collaborate, and  catalyse is vividly brought to life here as we blend digital and physical retail landscapes,  paving the way for a future where retail experiences are not only integrated but also deeply 

personalised to meet consumer expectations, ” said Avnish Kumar, Head of RAI’s  Telangana Chapter, and Managing Director, Neerus Ensembles. 

P Jayakumar, CEO, Apollo Pharmacy added, “Modern health care is revolutionizing with  integrating technology with traditional services to offer an omni-channel experience. In  Telangana, with over 800+ stores, including 24 hours outlets, and the Apollo 247 online  platform, we provide a continuum of care that’s both convenient and reliable. Our services  range from delivery of the medicines, lab test, doctor consultations etc., ensuring quality  care is always within reach. As we adapt to the modern retail landscape, our commitment  to accessible healthcare remains unwavering, backed by the trust of our customers.” 

Taran Chhabra, Co-Founder of Neeman’s added, “At the Hyderabad Retail Summit, we  delved into the transformative role of technology in the footwear industry, particularly its  potential to drive sustainability. This event highlights the critical need for integrating  innovative technologies that not only enhance customer experiences but also promote  environmental stewardship. As we continue to explore and adopt these advanced  technologies, we are setting new standards for sustainability in footwear manufacturing,  leading the industry towards a more responsible future.”  

HRS 2024 is Presented by Ratnadeep Retail and Powered by National Mart. Platinum Partners included Neeru’s Ensembles and Amazon Pay; Retail Design Partner is 4D  Experience, Associate Partners include Apollo Pharmacy, BillMade, Café Niloufer, and  Donracks; Event Partners include Akrivia HCM, Intelisa, Amply, Entasis Global. Onebeat,  Ravulapati TecHub, Archana Engineering, 24/7 HRM and Petra Rock; Mahendra  Mithaiwala as Gifting Partners, TRRAIN as Charity Partner, STOrai as the Magazine  Partner, Digital Magazine Partner – Replenish and RAI Global Linker as Networking  Partner.