Being the biggest consumption driver in the India growth story among sectors at Technopak, retail and e-commerce has emerged as one of the most dynamically-evolving, rapidly digitizing sector, aided by a young population to peg the country as the second-largest consumer base in the world. As the retail and e-commerce stand at crossroads, it is intriguingly poised to marry the traditional with the modern in the fourth major leap it is set for.
The pandemic has accelerated the drastic shift from traditional to digital and the sector is now evolving towards an omni-channel experience for players and buyers alike. The pandemic has proved a boon, so to speak. It has been a catalyst in the evolution of retail into a more digitally-enabled space.
In the retail and e-commerce space, Technopak has been assisting international QSR operators, champions in Indian food service operations, food ingredient firms, equipment suppliers in the sector and industry association on business strategy, format strategy, portfolio review, market assessment, opportunity mapping and new concept development.