Lalit Agarwal

CMD, V-Mart

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.

V- Mart; Awards & Recognitions: Under Mr. Agarwal’ s leadership, V-Mart has won many prestigious awards, the group has been chosen as

  • “Excellence in Retail and Customer Service” by Images North India Retail Awards in 2016.
  • “India’s no 1 award” by Consumer Survey Report MRG in 2016
  • “Most Admired Retailer of the Year”:- “Concept Store” by India Retail Forum 2014
  • Power Brand” 2012-2013 by Planman Media
  • “Indian Most Admired Retailer of the Year”:- “Discount Retail” by Images Retail Award 2011.

Personal creative Mantras:

  • Going beyond business and making a difference in the lives of people
  • Growth and success cannot be achieved without wholesome involved of employees at every level
  • Never tell people how to do things. Tell them what to do and they will surprise you with their ingenuity.
  • Do More with Less
  • Think and act flexibly
  • keep it Simple Always Follow Your Heart!

And the success story continues…

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