RAI Boosts Northeast Retail with 3rd North East Retail Summit
The Retailers Association of India (RAI) hosted the 3rd North East Retail Summit (NERS 2025) in Guwahati on May 26, spotlighting the region's emerging retail landscape. The event brought together retailers, entrepreneurs, and thought leaders from all seven Northeastern states, aiming to strengthen the local ecosystem through dialogue, innovation, and collaboration.
Kumar Rajagopalan, CEO of RAI, emphasized the region's retail potential: 'Northeast India has discerning consumers and a talent-rich workforce, but faces logistical challenges. With strategic partnerships, the region can become a key retail hub.'
The summit featured panel discussions on marketing strategies, real-time business outcomes, and thriving local retail. Notable speakers included Vikram Bothra (Chandan Retail), Kunal Mordani (Tanishkaa Retails), Raja Gohain (MG Solutions), and others.
Key insights from the summit:
Vikram Bothra highlighted the importance of patience and local adaptation for long-term success in Northeast retail.
Raja Gohain discussed blending national best practices with local consumer behavior and cultural sensitivity.
Kunal Mordani shared how quick commerce and data-driven strategies are helping meet evolving regional demand.
NERS 2025 also underscored how digital transformation, regional personalization, and grassroots entrepreneurship are redefining retail across the Northeast. With rising incomes, tech adoption, and increasing brand receptivity, the region is poised for robust growth in the coming years.
Summit Partners included:
Infinity (Co-powered), Askaran Binjraj (Gold), Retailers Association of Assam (Ecosystem), TRRAIN (Charity), Storai (Magazine), and Replenish (Digital Marketing).
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
2 hours ago
- Time of India
Land sought for Rs 100 crore poultry farm project in Koila
Mangaluru: The proposed poultry farm project in Koila, Uppinangady, received positive support from the minister for animal husbandry and veterinary services, K Venkatesh, said Puttur MLA Ashok Kumar Rai. The vacant land, currently under the department's jurisdiction, will be leased for this significant agricultural venture. A company has come forward to make a huge investment, and their commitment to establishing a modern poultry facility in the region would offer over 1,000 jobs, said Rai. The MLA said he met the minister in Bengaluru on Thursday and submitted the request seeking sanction of land for the setting up of a poultry farm in Koila. "A company intends to start a poultry farm in Koila, and it requires 50 acres to set up the project. Hence, I have requested the minister to release land under the department in Koila to the company. The company plans to invest around Rs 100 crore in the venture, which is expected to create 1,000 local jobs. When I informed this, the minister agreed to provide the land," he said. The MLA also met Aijaz Hussain, chief engineer of Karnataka Rural Water Supply and Sanitation, on Friday to seek the extension of the multi-village drinking water scheme for Vitla in his constituency. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo "I have discussed the matter with the officer and requested him that the people of Vitla should not be deprived of the benefits of the multi-village drinking water scheme. The new multi-village drinking water project work has already begun. The project will provide drinking water for 24 hours a day in the villages of Puttur, Bantwal, and Sullia. However, the Vitla town panchayat has been excluded from the project. Hence, I have requested the officer to include Vitla town under the project's purview," Rai said.
Mint
a day ago
- Mint
MCX gets Sebi approval to launch electricity derivatives
Mumbai: The Multi Commodity Exchange of India (MCX) has received approval from the Securities and Exchange Board of India (Sebi) to launch electricity derivatives, according to a regulatory filing on the BSE. These contracts—linked to the price of electricity—will allow power generators, distribution companies, and large consumers to hedge against price volatility and manage risks more effectively. 'The electricity derivatives contracts will enhance efficiency in the power market,' MCX said in its filing. The launch marks the resolution of a long-standing jurisdictional tussle over the regulation of electricity derivatives. The matter has been pending since the days of the now-defunct Forward Markets Commission (FMC), which was merged with Sebi in 2015. Under current regulatory rules, if electricity derivatives are cash-settled, they fall solely under Sebi's purview. If the contracts are compulsorily deliverable, regulatory oversight will be shared between Sebi and the Central Electricity Regulatory Commission (CERC). 'These [electricity] contracts will offer participants a reliable, transparent, and regulated platform to manage power price risks, which are becoming more dynamic due to renewables and market-based reforms,' said Praveena Rai, managing director and chief executive of MCX. Rai added that with India's growing focus on renewable energy and open access power markets, electricity derivatives could serve as a vital bridge between the physical and financial sectors. MCX said the move positions it as a 'torchbearer of innovation' in commodity trading and supports India's ambitions for sustainable energy and deeper capital markets. The exchange also called the move a step towards strengthening India's energy market ecosystem. Separately, the National Stock Exchange (NSE) disclosed in its May earnings call that it had received in-principle approval from Sebi to launch electricity derivatives as well. MCX currently commands around 98% of the commodity futures trading market in terms of value for FY25.
The Hindu
3 days ago
- The Hindu
Baro Market returns to Hyderabad for an exhibition at Crafts Council of Telangana
A sense of déjà vu tends to set in when pop-up exhibitions crop up every other week at cultural spaces and stores across Hyderabad. To stand out, a curation must offer products that are not easily found online or in local markets. That is where Baro Market comes in. The Mumbai-based marketplace for arts and crafts, founded by Srila Chatterjee, is known for its thoughtful and context-specific pop-ups. From June 5 to 7, Baro Market returns to the Crafts Council of Telangana (CCT) in Banjara Hills with a curated exhibition of weaves, crafts and artisanal design. 'We work with close to 78 labels, but for Hyderabad, we are bringing just 27,' says Srila. 'There is a lot of thought behind what we choose. We avoid crafts from Telangana and Andhra Pradesh — those are already well-known here. Instead, we want to offer something new.' Expect to discover functional ceramics, jewellery, accessories, and clothing for men, women and children. Bengal, the North East and the Coromandel coast are well represented. Kolkata-based designer Sriparna Ray of Bhomra Design Co brings contemporary takes on traditional taant (a handloom technique that results in fine, lightweight fabric) and other weaves often associated with saris. From Assam, The Nomi – Weavers Nest, founded by Sushant Phukan, presents a North Eastern fashion perspective. Love by Kaveri, helmed by Kaveri Lalchand, draws inspiration from life along the Coromandel coast in her modern linen offerings. This will be Baro Market's second pop-up at CCT Spaces. This time, jewellery promises to be a draw. But even here, the intention is to avoid repetition. Each label brings its own lens: Razia Kung's statement pieces, influenced by Indian folk and tribal forms like Gond and Theyyam; Red Bus Design Co's handmade textile jewellery and resin works; Moirra's fabric accessories; and Vrinda Gokhale Philip's recycled paper jewellery. At the pop-up, keep an eye out for native foods too. Shillar House from Himachal Pradesh brings to Hyderabad a seasonal bounty — think pickles, pulses, spices, dried fruits, honey and ghee. 'Everything is organic, though they do not make a fuss about it,' Srila explains. Another standout addition is The Bindi Project, where the iconic embellished dot becomes a canvas for storytelling. Originally inspired by Rajasthan's heritage gold bindis, each new collection spins its own narrative. 'I think I have worn more of Meghna's bindis than anyone else on the planet,' laughs Srila, 'and there are plenty of takers for them.' (Baro Market's exhibition will be at CCT Spaces, Crafts Council of Telangana, Banjara Hills, from June 5 to 7. Entry free)
