The pandemic led to a reshuffle in the retail industry. Industry players – big or small, new or established – had to rethink strategies to stay relevant and to grow amid recovery from Covid. They now are rebooting to try and capture this growth wave. Indian retail market is estimated to reach $2 trillion by 2032 from $690 billion in 2021. On the other hand, the Indian e-commerce industry is expected to top $350 billion mark by 2030, growing at a CAGR of 23%. The industry has found itself at the cusp of a huge outbreak of demand from consumers, but of course without having adequately prepared for it due to the last two years of slowdown. And now is the time for them to catch up. The players who are swift enough to understand the new demand and trends will be the ones at the forefront of this growth curve.
FE Retail Summit brings together thought leaders of the industry on a common platform to discuss, debate, and deliberate the industry’s next course of action. The event will share insights for new players on how to grow big and for incumbents on how to maintain their leadership. This will be followed by an extravagant networking and felicitation night, wherein FinancialExpress.com will honour and recognise outstanding achievements by retail brands and companies across segments.