Chalavadi Naga Kanaka Durga Prasad, Abhishek Malhotra to address In-Store Asia 2015 conference

Even as growth projections for the Indian retail industry are continually revised upwards, the moot question is, will family-managed retail formats cope with the new competitive pressures exerted by new players in the business. The new online retail phenomenon has also posed fresh challenges to the independent retail players, most of whom operate through brick'n mortar outlets.

Chalavadi Naga Kanaka Durga Prasad, Founder, Chairman and Managing Director of Sai Silks (Kalamandir) Limited, and Abhishek Malhotra, Partner, AT Kearney, India will share their perspectives on this theme while addressing the session on "Growth Prospects & Strategies of Retail Formats -- Family Managed Retail / Modern Retail / Online Retail' on Day 1 of In-Store Asia 2015, being organised at the Bombay Exhibition Centre in Mumbai during February 5-7, 2015.

Chalavadi Naga Kanaka Durga Prasad is the man behind making Kalamandir a household name, a trusted brand, a home to collective and collaborative crafts, and a story of triumph.

Prasad provides strategic leadership to the organisation and drives the company's product and service innovations, speed-to-market strategies, and ingenious use of networks and alliances, while strengthening the core competency.

Born and brought up in Vijayawada, Prasad developed an innate interest in the crafts and skills employed in the traditional Indian textile industry. After pursuing his MBA from Pune, he worked in the US for 7 years, gaining international business experience. He returned to India with a vision to create value in the unorganised Indian textile industry and founded Sai Silks (Kalamandir) Ltd.

Abhishek Malhotra is a member of the Consumer Industries & Retail Products Practice at AT Kearney. He is an experienced management consultant and has worked with many leading companies and organisations.

Malhotra has published numerous studies on Consumer & Retail in India and is widely quoted in local / global media. He is a member of several industry associations and regular speaker at leading conferences. He has also been on the Jury Panel for leading industry awards in India.

Malhotra has an MBA from Indian Institute of Management (IIM) Ahmedabad and Bachelors in Electronics Engineering from Punjab Engineering College (PEC) Chandigarh