RMM department inaugurated the Retail Lab ‘Sam’s Kart’ on 5th Dec at ITM Kharghar campus. The Lab was inaugurated by Mr. Purshottam, Senior VP – Learning & Development, Reliance Industries.
The speaker introduced the Industry Revolution 4.0 and the major trend-setters in the Retail sector. The onset of Omni-channel retailing, the convergence of offline and online stores, the impact of technology – Artificial intelligence, Augmented reality, virtual reality on the retail sector.
He also spoke about the future strategic plans for Reliance Retail. He discussed how e-commerce companies such as Flipkart and Walmart are re-invigorating Technology and how they have partnered with Grey-orange Robotics Pvt. Ltd. and have automated more than 50 fulfilment centers.
The future of Retail is very bright and India has been ranked as the second most attractive retail destination in the world.