R Subramanian, the whiz kid of Indian retail, who stormed the Indian retail market with a dynamic growth of his pioneering brand Subhiksha will pour out the lessons of his life in a frank discussion with retail legend B S Nagesh at the India Retail Forum (IRF) 2012.
Subramanian, the fast-talking, quick-thinking dynamo who dared to dream big will share insights with Nagesh in a session titled “IRF Retail Legends Series: Meet R Subramanian – Pioneer of Modern Retail, Founder of Subhiksha”. A graduate of IIT Madras and IIM Ahmedabad, “RS” scripted a unique business story which started in 1997 with an investment of just Rs 4 lakh.
The determined entrepreneur took the chain to over 1,600 stores in 30 cities, before his big dreams faced a setback due to the 2009 meltdown and the chain had to be shut down amidst the allegations of financial mismanagement and a severe cash crunch. In his first appearance before the retail industry since then, hear “Subbu” narrate the true story of the meteoric rise and downfall of his business venture.
B S Nagesh, former MD and Vice Chairman, Shoppers Stop and Founder TRRAIN ensures that the session will be the most valuable learning lesson for everyone seeking to understand the lucrative yet challenging Indian retail sector.
The IRF 2012 will be held in Mumbai from 10th to 11th October at Renaissance.
