/// THE FOOD CEOS MEGAPOLIS ///
The industry has faced numerous challenges over the last 12-15 months. With customers moving online and becoming more demanding in terms of choice and price, a margin squeeze has been observed. Alongside this came the recent GST implementation, because of which it has become rather difficult for businesses to sustain themselves let along think growth.
The CEO Megapolis session debated how given this accelerating rate of change can food retailers stay relevant today and into the next decade.
The session was moderated by K Radhakrishnan, Co-founder, Tata Retail Starquik.com. The CEOS panel included Aditya Pittie, MD, Pittie Group; Amal Kelshikar, GM & Country Head, Abbott Nutrition India; Arabind Das, COO, Godrej Tyson Foods; Kamaldeep Singh, Group Business Head - Food (Grocery) Business, Future Group; Oliver Mirza, Managing Director & CEO, Dr. Oetker India; Prashant Parameswaran, MD, Soulfull /Kottaram Agro Foods; Shivam Gupta, CEO, Cambay Tiger; Sudhakar Desai, CEO Emami Foods; Tej Katpitia, CEO, Sri Sri Tattva; Yogesh Bellani, CEO, Field Fresh Foods.
CEOS, in an interesting rapid-fire discussion, shared strategies, new approaches to improve operations and talked about embracing technology to catalyse growth and revenue in their businesses to stay profitable.