Top Story


Home >> Media - Others >> Article

KSA Retail Summit concludes with spotlight on consumer behaviour

Font Size   16
KSA Retail Summit concludes with spotlight on consumer behaviour

Banks can be instrumental in changing the behaviour of the Indian consumer, said V Vaidyanathan, Senior General Manager and Country Head, Retail Business, ICICI Bank, on the third and final day of the 7th KSA Retail Summit in the Capital on Friday.

Speaking on "Learning from Spending Patterns: an insight into the Indian consumer," Vaidyanathan highlighted the significance of value proposition in winning the customers.

He pointed out the changing psyche of the Indian consumers who are all set to welcome change, which has become possible due to their stable incomes these days. Harminder Sahni, Principal, KSA Technopak, in his presentation on "Indian consumer and future shopping trends in India," tried to provide an insight into the Indian consumer basket. He talked about the emerging consumer segments and also enumerated the preferred retail destinations and formats.

"In keeping with global trends, the spending power of Indians has risen significantly," he said. He concluded his presentation by saying that consumers have changed, shopping trends are changing and the change is good for innovation and growth.

The other highlights of the day included a presentation on "E-tailing in India: the road ahead" by Mahendra Swarup, Chief Executive, Times Internet Limited. Swarup said there are good opportunities for e-tailing in the Indian market because people are preferring Internet.


Mayank Pareek, President, Passenger Vehicle Business Unit, Tata Motors, on their three-year association with IPL where they will promote their new model Tata Nexon

Vikas Sharan, shares Regalix's vision and mission, and how the company has progressed over the years since its inception in 2004 with the ever-evolving technologies

Larraine Criss on the launch of MainAd's flagship proprietary technology, Logico by partnering with Google and how they are going to expand in and explore the Indian market

Arati Singh, Channel Head, NDTV Good Times, opens up on how she loves to go on adventurous trips on a typical weekend.

The publishing giant could not find an appropriate replacement for ex CEO, Vivek Khanna's position

Kranti Gada has been promoted as the Chief Operating Officer from that of Senior Vice President-New Business Development

In a letter, various employee associations of AIR and DD have requested the Government to explore the possibility of payment of salary directly from the I&B Ministry