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?
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Fit for the future
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BRINGING MANHAS HOME
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Due procedure followed in case against activists
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A Room for Dad
Before Mom passed, I made a promise to her
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I was happily married, happily employed, just plain happy. Until the accident
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.