Lalit Agarwal, V-Mart, Retail News, ET Retail

Davida Erdahl

Uncooked material charges are quite steep and no retailer is ready to take in this development in commodity charges, mentioned Lalit Agarwal, CMD, V-Mart. We will definitely have to take a cost rise as significantly as the income of the solutions are concerned, he extra. Edited excerpts:

In the last 12 months clothing retail was definitely badly strike and just when we have been seeking at recovery, issue marks arose all over again. Tell us exactly where we are at. What are you viewing on the ground?
Surely factors are catching up speedy. In our marketplaces we have not witnessed any surge in scenarios or not a steep surge in scenarios other than number of. But yes, due to the fact media experiences are coming in speedy on Maharashtra, folks are potentially having precautionary steps and even some local administrations have started off inquiring for stricter insurance policies at our

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