Mr. Lalit Agarwal, Chairman & Managing Director, V-Mart Retail Limited
Mr. Lalit Agarwal is a retail baron having rich experience in diverse fields of industry & a proven track record of building businesses, both as a professional CEO & as an entrepreneur with over twenty years of experience in setting up a printing, packaging & retail industry. He is considered a pioneer of modern retail in India. He is the one who brought the concept of organized value retailing in Tier II & III Indian cities. Mr. Lalit Agarwal is one of the privileged members of CII & RAI from Northern Region of India.
He dares to be different, a doer & not a dreamer !
He holds a Bachelor’s Degree in Commerce from Bombay University & Diploma in Financial Management from Narsee Monjee Institute of Management Studies, Mumbai. His leadership transformed V-Mart into a leading retail player.
Journey of V-Mart:
With a vision to establish the concept of organized value retailing in certain untapped regions of India, he started his own venture under the Brand Name of “V-Mart” in 2002 & launched V-Mart’s first life-style store at Ahmedabad in 2003. This store was recognized as the First Organized Life Style Retail Store in Western India for the middle & lower segment.
As of July 2017, V-Mart owns & operates 150 stores in 126 cities across 14 States & Union Territories with a 12.68 lac Sq.ft. retail area. Under his guidance, there is a team of 16,000 people who directly / indirectly work with the organization.
V- Mart: Awards & Recognitions:
Under Mr. Agarwal’s leadership, V-Mart has won many prestigious awards, being chosen as an Indian Power Brand- 2012-2013 by Planman Media; “Most Admired Retailer of the Year”:- “Discount Retail” by Images Retail Award 2011. V-Mart has also won the “Most Admired Retailer of the Year”:- “Concept Store” by India Retail Forum 2011. It is one of the trusted retailers awarded by International Brand Consulting Corporation, USA as India’s No. 1 Brand Awards 2016: India’s Best Retail Fashion Store Chain Category.
Personal creative Mantras:
Going beyond business and making a difference in the lives of people
Growth & success cannot be achieved without wholesome involvement of employees at every level
Never tell people how to do things. Tell them what to do & they will surprise you with their ingenuity
Do More with Less
Think & act flexibly
Keep it Simple
Always Follow Your Heart !