You can't digitise shopping experience
THE WEEK|March 07, 2021
Gautam Singhania, chairman & managing director, Raymond
K. SUNIL THOMAS

GAUTAM SINGHANIA’S physical store-focused retail businesses might have taken a hit by the Covid-19 restrictions, but he remains upbeat about future prospects. Happy with the direction of the latest Union budget and the incentives for textile parks, the Raymond tycoon is not overtly perturbed by the e-commerce wave, with markets opening up, businesses recovering and sentiments on an upward trajectory. Excerpts from an interview:

Q/What challenges did Covid-19 bring for the retail industry?

A/There was a countrywide lockdown, businesses were shut, we really could do nothing. There were no challenges—the whole country was in lockdown! Now that the country has come out of the lockdown, we are seeing very good positive traction out of this.

Again, I would say, some of our businesses are higher than pre-Covid levels, some are at pre-Covid levels. Mostly all our businesses are overriding the Covid levels, which is a good sign.

Q/What are your thoughts on Atmanirbhar Bharat, and how exactly can Raymond contribute?

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM THE WEEKView All

SAFFRON ON RED

Can left veteran Ashok Bhattacharya overcome the BJP’s surge in Siliguri?

5 mins read
THE WEEK
April 25, 2021

There is a pattern to the attack on Central forces in Bengal

Sunil Arora, who demitted office on April 12, chose THE WEEK for his last interview as chief election commissioner. He said he was anguished over the constant attacks the commission faced, especially from the ruling Trinamool Congress in West Bengal. He also said that the attacks on Central forces in West Bengal was worrying and had a pattern.

4 mins read
THE WEEK
April 25, 2021

INDIA ON GUARD

THE SECOND WAVE OF COVID-19 CAUGHT US LACKING AND SLACKING. REINING IN A RESURGENT VIRUS WOULD NEED BETTER ADHERENCE TO SAFETY PROTOCOLS AND A MORE NUANCED APPROACH TO VACCINATION

9 mins read
THE WEEK
April 25, 2021

No value in vaccinating everyone at this stage

The second wave hit India despite the vaccine rollout. And, vaccinated people are now getting infected. The vaccine was never expected to stop any wave, second or otherwise. All the Covid-19 vaccines available in the world right now have this handicap, that they cannot stop transmission of the virus. This is unlike the vaccines for polio or smallpox, which can interrupt transmission and thereby eradicate the disease eventually.

2 mins read
THE WEEK
April 25, 2021

Fit for the future

DRDO labs are being closed or merged to prevent duplication and to focus on futuristic technologies

6 mins read
THE WEEK
April 25, 2021

BRINGING MANHAS HOME

THE WEEK brings you the inside story of how a nonagenarian social worker, a tribal leader and a group of local journalists secured the safe release of Rakeshwar Singh Manhas, a CoBRA commando captured by the Maoists of Bastar

10+ mins read
THE WEEK
April 25, 2021

Fighting our people

CoBRA is burdened by law, which demands that it upholds the Constitutional and human rights of civilians. Naxals have no such burden

5 mins read
THE WEEK
April 25, 2021

Fallen star

With K.T. Jaleel forced to step down as minister, the Pinarayi Vijayan government suffers a big blow at the fag end of its term

4 mins read
THE WEEK
April 25, 2021

Due procedure followed in case against activists

THE 2020 DELHI riots, which claimed 53 lives, the farmers’ protest at the Red Fort and the arrest of activist Disha Ravi on sedition charges have all taken place during S.N. Shrivastava’s tenure as commissioner of Delhi Police. He spoke to THE WEEK about the status of investigations in these cases, monitoring social media and terror threats to the capital. Excerpts:

4 mins read
THE WEEK
April 25, 2021

Booster shot

Picking up the pace of vaccinations is not only a health and welfare concern, but also key for India’s economic prospects

4 mins read
THE WEEK
April 25, 2021
RELATED STORIES

Reincarnation And Realpolitik

China, India, and the U.S. are vying to influence the selection of the next Dalai Lama

5 mins read
Bloomberg Businessweek
April 19, 2021

An Exclusive Interview With Nandakumar Narasimhan

The Little Red Train

10+ mins read
Lens Magazine
March 2021

CHICKEN COME HOME TO ROOST

Quarantine ignites a need for eggs and a home for feathered friends.

4 mins read
Mississippi Magazine
March - April 2021

A Room for Dad

Before Mom passed, I made a promise to her

8 mins read
Guideposts
April 2021

THE DANGAL IN THE JUNGLE, PART 1

YOU KNOW YOU’RE SOMEBODY WHEN YOU’VE APPEARED ON AN INDIAN DANGAL POSTER — IN OTHER WORDS, IN A WRESTLING ADVERTISEMENT.

6 mins read
Black Belt
April/May 2021

WOUNDS AND THE WOMB

JULIE PETERS explores how to heal a relationship with the sacred womb, a place of death, life, and possibilities.

8 mins read
Spirituality & Health
Mar/Apr 2021

BE SQUIRRELY

Giant squirrels, giant lessons? Animal chaplain SARAH BOWEN explores what squirrels can show us about mindfulness.

4 mins read
Spirituality & Health
Mar/Apr 2021

E8 Caste and the Indian Tech Ivies

IIT grads are highly sought after in Silicon Valley. Are they bringing deep-rooted prejudices with them?

10+ mins read
Bloomberg Businessweek
March 15, 2021

Life Changing

I was happily married, happily employed, just plain happy. Until the accident

8 mins read
Guideposts
February 2021

IN SEASON Chickpeas (GARBANZO BEANS)

Chickpeas appear in early recordings in Turkey well over 5000 years ago. India produces the most chickpeas worldwide but they are grown in more than 50 countries. An excellent source of carbohydrates, protein, fiber, B vitamins, and some minerals, they are a nutritious staple of many diets. The name chickpea comes from the Latin word cancer, referring to the plant family of legumes, Fabaceae. It is also known by its popular Spanish-derived name, the garbanzo bean. Kidney beans, black beans, lima beans, and peanuts are other familiar foods found in this legume family.

1 min read
Alternative Medicine
February 2021