A momentous development at FHW Mumbai 2017 was the very first FHW CEO Speak with the Retailers Association of India (RAI), which saw the heads of leading food retail groups put forth their views on the challenges and opportunities in the industry.
A key highlight of Day 1 at FHW Mumbai 2017 was the FHW CEO Speak panel discussion with Retailers Association of India (RAI) on 'Food retail in India: Opportunities, challenges and trends'. FHW's very first engagement with RAI turned out to be an insightful discussion which focused on many pertinent issues in the retail sector. Moderated by Anil Talreja, partner, Deloitte Haskins & Sells LLP, the panel members included Anuj Goyal, director, Brijwasi Sweets India; Sadashiv Nayak, CEO, Big Bazaar; K Radhakrishnan, co-founder, Grocermax; and Ramesh Menon, CEO, HyperCITY Retail (India).
Food retail industry in India comprises both online and physical stores (Big Bazaar, HyperCITY, mom-and-pop shops). It is a largely fragmented industry in the country, which also happens to be one of its primary challenges. According to Radhakrishnan, the problem remains aggregation of demand. Pointing out that there are challenges of offline retail also, like the MRP, he stated, “There is lack of growth in offline, I feel that online retail compliments offline.”
With 90 per cent of retail in India being through mom-and-pop shops, individually it is not a competition for the big brands but an aggregator is a competition. Nayak averred that to stay differentiated, modern trade allows limited experiments, grooming a new thing, making it acceptable to people which later percolates down to the mom-and-pop shops. “Modern trade makes sure that younger and affluent consumers get branded products that they desire. Mom-and-pop shops and modern trade do not compete.”
Continue reading your story on the app
Continue reading your story in the magazine
TODAY'S CHEFS ARE RECOGNISED, NOT JUST AS ARTISANS OF FOOD, BUT ALSO FOR THEIR SKILLS AS CULINARY AMBASSADORS
Chef Davinder Kumar, president, Indian Culinary Forum and VP (F&B Production) & executive chef, Le Meridien New Delhi, started his career in 1972 with the Oberoi Group of hotels. The group later sponsored him to go to the Lychee Technique de Hotelier in Paris, to work with selected chefs specialised in French cuisine. He was also the sole Indian representative at the International Cooking Festival held in Tokyo in 1983 and was awarded a medal for his presentation of Indian cuisine. He speaks to Steena Joy on how the culinary scene has evolved in India and his vision for ICF.
Industry experts laud Centre's decision to boost infra and tourism sector in Union Budget for FY 2020-21
THE UNION BUDGET for FY2020-21 focused on three key themes - aspiring India, economic development and caring society.
The demand-supply gap in Indian hospitality industry
At the second GM's Conclave held at the 39th edition of EF&H Expo in Mumbai, our esteemed panelists from leading hotels in Mumbai and Pune discussed the room inventory status in the metros and why hotels need to change their market mix to open up new opportunities.
Go for the kill: Saving v/s vendor relationship
Organised in association with Hospitality Procurement Managers' Forum (HPMF), the second day of the three-day EF&H Mumbai Expo conducted the Power of Purchase, where the who's who of the hospitality procurement fraternity discussed ways to balance two aspects i.e cost saving and maintaining vendor relationship strategically.
Impact of automated revenue management system using Artificial Intelligence in hotels
It is time that concepts like Artificial Intelligence and machine learning also enter the field of marketing and pricing, and not just directly relating to enhancing superior guest experience, says Siddharth Goenka, founder, Aiosell Technologies.
Economic slowdown: Riding out the storm
The first GM's Conclave panel discussion at the 39th edition of Express Food & Hospitality Expo in Mumbai highlighted how the country's hospitality industry is strategising to face the slowdown.
Designing experiential spaces
Hotels and restaurants are reshaping the look, feel and appeal of their properties, using exterior and interior designs as one of the differentiating methods to create unique experiences. Hospitality spaces are moving from utilitarian functionality to contemporary aesthetics and experience driven developments engaging the senses.
INDIA IS ONE OF THE LARGEST POTENTIAL EXPORT MARKETS FOR JIANGXIAOBAI PURE
VBev, a dynamic company engaged in the import, marketing, sales and distribution of international wines, spirits and beers recently introduced first and only premium Baijiu - Jiangxiaobai Pure in the India market. In coversation with Akshay Nayak, Sumedh Singh Mandla, CEO, VBev India and Zoe Fu, director of International Business, Jiangxiaobai, spoke about the future roadmap of the premium white spirit in India market.
Managing A Cost Efficient Kitchen In Times Of Price Volatility
The second day of the 39th edition of EF&H Expo saw executive chefs and F&B heads of leading hotels in Mumbai voice their views on the challenges and opportunities faced by them in running a cost efficient kitchen during times of volatility in pricing of staple ingredients.
Think About Where The Market Is Headed, Prepare For Tomorrow, And Move Fast
Chander Baljee, CMD, Royal Orchid & Regenta Hotels is a veteran hospitality thought leader and an expert on owned, leased, managed and franchised hotel models. His success story features in a book titled ‘Stay Hungry Stay Foolish’ which follows the professional journey of 25 IIM Ahmedabad entrepreneurs. In an exclusive interview with Steena Joy, he elucidates on the changing hospitality landscape, the demand for industry status and advises hoteliers to boldly venture into newer segments, try new niches and create new experiences.
A precision productivity package
Nvidia GeForce RTX 3070 Founders Edition
RTX 2080 Ti performance at half the price?
HP EliteOne 800 G5
All for one and one for all
HyperX Cloud Stinger S
Sting like a bee
TECH PREVIEW 2021
THE MAXIMUM PC TEAM AND CO. PREDICT WHAT THE COMING YEAR HAS IN STORE FOR THE WORLD OF TECH
SteelSeries Aerox 3 Mouse
SteelSeries enters the ultralight scene with the Aerox 3, but is it a hit or a miss?
Happy Hacking Pro Hybrid Type-S Keyboard
$337 for this beauty, but why?
be quiet! Silent Base 802
Taking modular customization to the extreme
RALLY CAR REVOLUTION
30 YEARS THAT REINVENTED THE SPORT OF RALLYING
AMD Ryzen 9 5900X
The underdog takes the lead