V-Mart's Lalit Agarwal: From tailor shop to Tier-2 value retail titan
V-Mart founder Lalit Agarwal recounts building a value retail powerhouse across underserved Tier-2 Indian towns, leaning on affordability, agility, consumer empathy, and technology adoption.
V-Mart founder Lalit Agarwal shares his journey from a small-town tailor shop to building a value retail powerhouse in underserved Tier-2 Indian towns, highlighting affordability, agility, consumer empathy, and technology adoption.
Why this matters
Agarwal's affordability-led playbook is tested as V-Mart trims FY26 revenue growth to 15–18% on soft festive demand and faces pressure to grow twice as fast just to beat inflation amid rising costs.
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