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Dear Industry Colleagues
Greetings from The Economic Times!
8 months back we successfully concluded the maiden edition of The Great India Retail Summit 2024 . As we reflect on the learnings from GIRS 2024, we stand at a pivotal moment in retail history—one filled with challenges, opportunities, and innovative solutions.
Highlights from GIRS 2024: A Year of Transformation
The 2024 edition showcased the pivotal trends reshaping our industry:
- Rise of Phygital Retail : “Both offline and online are here to stay. That's exactly where we will adopt an omnichannel strategy - be on both worlds" Jiomart’s CEO Sandeep Varaganti said in a candid chat at GIRS 2024 . With over 60% of consumers favoring brands that provide a seamless experience across physical and digital channels, retailers at GIRS 2024 in-depth discussed on integrating touchpoints for a unified customer journey.
- Sustainability Matters : According to a recent industry report, 57% of Indian consumers are now making purchase decisions based on sustainability efforts. In an interesting comment on sustainability in shopping centres, Abhishek Bansal, ED, Pacific Group stated, "Sustainability has become the keyword for us and all the centres we are opening.”
- D2C Market Explosion: Did you know, India’s D2C market is projected to skyrocket to USD 60 billion by 2027 . At GIRS 2024 we hosted 100 homegrown D2C brands sharing their future strategies along with an exclusive showcase 'Pitch Perfect'.
- Technological Integration: Technology veteran - Jeyandran Venugopal, CPTO, Flipkart shared his unfiltered views at GIRS’24 . “Use of AI has enhanced the quality of catalog and the ability to search the product because of the right keyword,” he said. In a surprising comment, Samir Krishan Modi, MD, Modi Enterprises said that Modi Enterprises is extremely focused on augmented reality and wants to bring a ‘little bit’ of robotics into its businesses.
- Retail Footprint Expansion : Fashion and lifestyle was one of the dominating categories at GIRS 2024 and for all the right reasons. As per industry estimates, India’s fashion and lifestyle market is estimated to reach USD 300 billion by 2025 . Some of the most critical discussions at GIRS 2024 focused on how fashion and lifestyle retailers plan to penetrate across tier-1 and tier-2 cities amid burgeoning demand.
With the dynamic changes in the retail landscape, GIRS 2025 will be a crucial platform for addressing new challenges and seizing emerging opportunities:
Why GIRS 2025 is Essential for Your Success
Join us at GIRS 2025 to:
- Gain Exclusive Insights : Learn from industry experts about the latest trends and strategies that can propel your brand forward.
- Network and Collaborate : Forge valuable connections with peers, industry leaders, and innovators who are shaping the future of retail.
- Explore Phygital Retail Solutions : Discover the best practices for blending online and offline retail to create a comprehensive customer experience.
- Access Market Intelligence : Equip yourself with data and insights that can help you make informed business decisions in a rapidly evolving landscape.
Don’t miss out on this opportunity to redefine your retail strategies and elevate your business!
Stay tuned for more updates on GIRS 2025 , registration details, and an exciting lineup of speakers!
Together, let’s reshape the future of retail in India!
For additional information or inquiries, please reach out to the following contacts:-
For Partnerships
Ashish Kumar
ashish.kumar3@timesinternet.in
+91 9740761921
For Marketing alliances:-
Himanshu Arya
himanshu.arya@timesinternet.in
+91 9999864758
For Editorial Speaking Opportunity:-
Charu Lamba
charu.lamba@timesinternet.in
+91 9891864401
For Delegation:-
Ritesh Pandey
ritesh.pandey1@timesinternet.in
+91 9810613585
Best Regards,
The Great India Retail Summit Team
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