The retail sector in India is at an inflexion point with a strong focus on an omnichannel approach which is a combination of online and offline platforms. Two important trends in this have been mergers and acquisitions for acquiring digital capabilities, so acquisitions to transform the company and the second the valuation uptick because of the strong force created by the combination.
Reliance Retail gains a valuation of $100 billion with Qatar Investment Authority (QIA) investment and Titan acquires the remaining stake in Caratlane in a large deal - both big announcements this week are in line with the themes playing out in the retail sector.
Industry experts, Rahul Arora, CEO of Nirmal Bang Equities, and Lalit Agarwal, founder and MD of V-Mart Retail discuss the sector with CNBC-TV18’s Nisha Poddar on 'Big Deal'.
For a full interview, watch the accompanying video