Retail Leadership Summit (RLS) 2019

Lalit Agarwal


CMD, V-Mart Retail Ltd.

Lalit Agarwal, is the Chairman and Managing Director of V-Mart Retail ltd., Mr Agarwal, is a retail baron, who has a rich experience in diverse field of industry, and a proven track record of building businesses, both as a professional CEO and as an entrepreneur with over twenty years of experience in setting up a printing, packaging and retail industry. He is considered a pioneer of modern retail in India. He is the one who has brought the concept of organized value retailing in tier II and III cities. Mr Lalit Agarwal, is also one of the privileged member of RAI from Northers Region.

He dares to be different, a doer and not a dreamer

Educational Background: He holds a Bachelor’s Degree in Commerce from Bombay University, and a Diploma in Financial Management from the Narsee Monjee Institute of Management Studies, Mumbai. His leadership has led the company transform into leading players in retail sector.

V-Mart Journey: With a vision to establish the concept of organized value retailing in certain untapped regions of India, he started its own venture under the Brand Name of “V-Mart“ and launched 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 and lower segment. Today V-mart operates 136 stores in 116 cities across 14 states and union territories, with the retail area of 11.48 Lac sq. ft.Under his guidance there is a team of 16000 people who are directly or indirectly working with the organization.

Kumar is associated with various organizations and industry bodies that help and promote retail. He is also a visiting faculty in various business institutes. He regularly contributes articles to magazines and News Papers. A Chartered Accountant by education, Kumar specialized in management consulting, taxation, audit and corporate matters at the start of his career. Over the years, Kumar has witnessed success by taking up functions that require start-up skills or turn-around skills.