The summit aimed to unite industry experts, thought leaders, and stakeholders to deliberate on strategies for the future of the retail industry, specifically tailored for students.
During the Inaugural Session the Chief Guest, Mr. Anupam Bansal, Director – Retailing and Marketing, Liberty Shoes Ltd and Co-Chair, Retail, E-commerce, and Consumer Affairs Committee, PHDCCI delved into the all-encompassing essence of retail, addressing e-commerce, sustainability, and the influence of digital technologies. He elucidated that retail goes beyond mere customer experiences; it involves merging multiple aspects such as product development, manufacturing, and marketing. This fusion serves as the juncture where consumers connect with a brand, underscoring its crucial role for businesses.
Dr. Pooja Jain, Director of JIMS, emphasized that the retail sector offers a wide range of career possibilities across Human Resources, Marketing, Finance, Operations, and Analytics. The industry’s stable growth creates vital business prospects. JIMS is committed to providing quality education while actively engaging with the industry. The seminar underscores the significance of learning and growth by focusing on the future scope within the retail landscape.
Dr. Harshvardhan Halve, Director General of JIMS, conveyed that the retail future appears highly captivating and rife with challenges, especially in the context of concepts like the metaverse, AI, and emerging technologies that are bolstering the retail industry.
Mr. Mohit Luthra, Assistant Secretary General, PHDCCI expressed gratitude and delivered the formal vote of thanks.
The summit featured a diverse range of thematic sessions throughout the day, with a notable participation of over 25+ speakers and more than 300 students.
The summit in the Technical Sessions and Fireside Chat Session covered subjects such as :
- Technical Session 1: Building Resilient Retail Brands: Strategies for Balancing Growth, Innovation, and Core Values in Today’s Volatile Market
- Technical Session 2: Rise of D2C Brands: Disruption and Opportunities in Retail
- Technical Session 3: The New Age of Consumer Convenience
- Technical Session 4: Future of Retail Workforce: Embracing Diversity and Inclusion
- Fireside Chat Session: Online + Offline: Why the Future of Retail is a Hybrid Shopping Experience
The summit concluded with a focus on the dynamic future of the Indian retail industry. Through insightful discussions, it became evident that embracing innovation, adapting to consumer needs, and fostering collaboration will be crucial for success in the ever-evolving retail landscape. The convergence of industry expertise and academic insight provided valuable perspectives for the students to navigate the challenges and opportunities that lie ahead in the retail sector and also assisted them in choosing their career paths, recognizing that they are the future human resources being trained for the retail industry.
The summit was sponsored by Jagan Institute of Management Studies (Sector- 5) Rohini (JIMS).