Ahad Retail Ventures Fuelling New India’s Retail Success Story
T
he Retail Industry is in a disruption phase globally. In India, the share of organized retail business is expected to touch approx twenty per cent by 2020 and the Indian E-commerce Industry is likely to touch a hundred billion US Dollars mark. With the consumers becoming more aware and spoilt with opportunities, the future belongs to those who are able to define and cater to the long term needs of the consumers with product & fashion-oriented benefits. Catering to these new-age customers who want services and brands at the snap of a finger or rather click of a cursor is Ahad Retail Ventures.
Ahad Retail Ventures is delivering excellent franchising services to international brands as well as best real estate and consulting services to local, and offshore clients. The following excerpt showcases how they have been doing it. Kindly brief us about your company and its inception story. Ahad Retail Ventures was formed with humble beginnings in 1978 at Bangalore through the efforts of Mr. Ifthikar Saleem a Bangalore based entrepreneur. He initially started with Dolphin Stores at High Streets of Bangalore and over the years slowly evolved into what we are today. Ahad Retail Ventures today is a Core member of the ‘Retailers Association of India’ and has over 100 employees on its payroll with an unrivaled experience of partnering with over 40 International and premium brands over the years. Today we facilitate retail for brands including Creyate Custom Clothing (U.S. Polo), Delsey Paris), Fab Alley & Indya, Flying Machine, Ed Hardy, The Children’s Place and many more across high Streets, Malls & Luxury Malls. With an enviable and conspicuous presence in Bangalore, Brief us about the Founder/CEO and his/her contribution towards the upliftment of the company. Mr. Ifthikar is a reputable Indian Retailer and Realtor. He is
16
a seasoned expert in the industry with over four decades of experience in Retail and Real Estate industry. He has received a plethora of awards and critical acclaim for his immense contribution to the Industry including Indira Gandhi Priyadarshini Award, Rajiv Gandhi Excellence Award, Nations Pride of the Millennium Award, A listing in the 100 Most Influential Retail Leaders. Under his watch and leadership, Ahad Retail is on the verge of ushering in a renaissance in the industry. What are the distinct products and services provided by the company? 1. Delivering excellent franchising services to international brands 2. At Ahad Retail, our local and offshore clients receive the best real estate and consulting services. 3. We develop a brilliant strategy that takes care of location, kind of store and its chain, selling, in-store experience, sales and after-sales services for your products and to be sure it's one huge success. In all an end to end retail service. What are the company’s/CEO’s view about the current opportunities and challenges in the Retail Industry? Globally the retail Industry in a disruption phase. In India, the share of organized retail business is expected to touch approx 20% by 2020 and the Indian E-commerce Industry is likely to touch 125$-150$ Billion. With the consumers becoming more aware and spoilt with opportunities the future belongs to those who are very clearly able to define and cater to the long term needs of the consumers with product & fashion oriented benefits. The unorganized retail sector however continues to stay a challenge and an opportunity. Indian Retail drew 1300 Cr of Investment in 2018 and Indian retail is coming of age with many new Indian Retail houses learning from the international markets. How is the company incorporating technological advancement for offering better solutions? Please
December 2019|
