RAI Hosts 2nd North East Retail Summit To Enhance Region’s Potential

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RAI Hosts 2nd North East Retail Summit To Enhance Region’s Potential
RAI Hosts 2nd North East Retail Summit To Enhance Region’s Potential

The Retailers Association of India (RAI) organised the 2nd edition of the North East Retail Summit 2024 (NERS 2024) On May 11, 2024, in Guwahati, marking a  significant step forward in harnessing the retail sector’s potential across the North Eastern region of India. This event has quickly become a cornerstone for fostering vital  

industry relationships and catalysing growth by deliberating on unique regional  challenges and seizing new opportunities. 

The summit serves as a critical platform for networking and exchanging innovative ideas,  drawing retail professionals from the seven states of the North-East: Arunachal Pradesh,  Assam, Nagaland, Manipur, Meghalaya, Tripura, and Mizoram. It highlighted the  importance of collaboration among local leaders to strengthen the retail ecosystem. 

Speaking about the summit, Kumar Rajagopalan, CEO, Retailers Association of India  (RAI), said, “Today’s North East Retail Summit sheds light on the evolved shopping habits  of consumers, who have a global outlook and seek quality both in-store and online. Our focus  is on creating modern, attractive shopping destinations and simplifying the business  environment. These efforts aim to transform the region into a dynamic retail hub that meets  the sophisticated needs of local shoppers, encouraging growth and innovation  throughout the region.” 

This year’s NERS 2024 featured an impressive line-up of speakers, including top  executives and decision-makers from the region’s retail sector. Notable speakers included  Abhinav Pareek, Director, Bhartiya Jalpan; Ankit Poddar, MD & COO, Poddar Group; Anuj  Joshi, Partner, Balaji Udyog; Arnab Das, Director, Kusum LED Lights; Chandan Pareek, CEO,  Bhagwati Sales Corporation; Kunal Mordani, Director, Tanishkaa Retails; Pawan  Khatuwala, Head – Maintenance, Central Mall; Raja Gohain, Director, MG Solutions (Times  Square); Ravindar Jain, Director, Crown Enterprises; Sourav Agarwal, Proprietor, Scalable  Solutions; Vikram Bothra, MD & CEO, Chandan Retail (Askaran Binjraj), among others.  

“In today’s dynamic retail environment, the Northeast presents a landscape brimming with  potential, thanks to its increasing disposable income and a diverse consumer base. At  Chandan Retail, we have seen firsthand the importance of crafting targeted marketing  strategies that resonate with the local culture and preferences. This summit has provided a  valuable platform for sharing insights and strategies on adapting to the regional nuances  and overcoming the inherent logistical challenges. As we continue to expand our presence  in this vibrant market, we are committed to leveraging local insights to offer tailored  solutions that meet the unique needs of Northeast consumers, fostering sustainable growth  and a stronger retail ecosystem,” said Vikram Bothra, MD & CEO, Chandan Retail (Askaran  Binjraj).

The North East Retail Summit 2024 was presented by Central Mall (Guwahati) and Co powered by Turtle. The Gold Partners included Askaran Binjraj, Scalable Solutions, Alpha e Barcode Solutions, Crown Enterprise, Kusum LED Lights, and Sohum. The Retailers  Association of Assam was the Ecosystem Partner, RAI Global Linkers was the business  

networking partner and TRRAIN was Charity Partner.