ISCF 2009

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CAPTAINS SPEAK ON SHOPPING CENTRE FORUM

HARSHAVARDHAN NEOTIA
Chairman, Ambuja Realty
"ISCF '09 will be the focal point for vibrant thoughts to converge and brainstorm on how together we speed up a recovery. Sharing of views from different regions will indeed help understand consumption and buying patterns across India. This will help brands, retailers and shopping centre developers to create new formats and better serve consumers and also to customise for potential markets/consumer segments.".
 
 
KISHORE BIYANI
Founder & CEO, Future Group
“Shopping centre development is crucial to the future growth of retail. It is imperative that retailers and developers collaborate to create spaces that keeps customer interest alive. India's strong fundamentals will not let the sentiments and consumption fall for long; there is indeed a better tomorrow ahead. ISCF is perfectly timed to discuss mutual issues and draft a common agenda for that better tomorrow."
 
 
B S NAGESH
Customer Care Associate & Managing Director - Shopper's Stop Ltd.
"In the current environment, the only way Retail can succeed is if both the Retailer and the Mall Operator work together as partners to create a win win relationship for the future. These are tough times which can be conquered by collaboration, co-operation and creating unique customer experience."
 
 
PHIL McARTHUR
SCSM, Senior Vice President-India, Ivanhoe Cambridge Investment Advisory (India) Private Limited
“We are proud to participate and promote a positive dialogue between developers and retailers at ISCF 09. As Ivanhoe Cambridge is committed to a long term investment strategy in Indian shopping centres, we feel the Forum is an excellent opportunity to gauge the state of the industry. The sharing of information and experiences is a positive way to improve our industry and we believe the ISCF is the perfect venue for such an exchange of ideas and viewpoints.’
 
 
ANUJ PURI
Chairman & Country Head, Jones Lang LaSalle Meghraj
My message to mall developers for 2009 is clear and direct -- Going forward, involve retailers and vendors at every possible stage of mall conceptualization and development. Get the location, catchment, mall size, design and timing right. Jettison the obsolete pure rental concept and introduce an affordable, flexible revenue sharing model. Incorporate effective mall management. Restructure your debt. Be adaptable and offer real value in a changing world. Incorporate these and be part of the new growth cycle, or else become another page in Indian retail history.
 
 
KISHORE BHATIJA
CEO, Inorbit Malls
"ISCF 09 provides both developers and retailers an excellent opportunity to connect and solve the current problems. The need of the hour is to work collectively towards developing a truly progressive Indian Shopping Centre Industry."
 
 
CHETAN SHAH
Managing Director, PJL Clothing (India) Ltd.
"There is very little choice left in the current market environment but for all stakeholders, namely mall developers, large-format and mono-brand owners, to put aside self-serving interests and work together on one common objective -- how to jointly survive the current retail slowdown and create a dynamic and flexible business model that works for all three. ISCF should endeavour to make this the keynote subject in the forthcoming event."
 
 
ABHISHEK BANSAL
ED, Pacific Malls
"In these challenging times we need to come together to develop and maintain comprehensive capabilities in critical areas such as leasing, planning and design, finance, market and consumer research, marketing and center operations.There is a need to increase efficiency through better management of existing properties and development of new shopping destinations. How do we collaborate to move ahead? Let's talk at ISCF 09.”
 
SANJAY VERMA
Executive Managing Director, Cushman & Wakefield South Asia & Australia
“India has witnessed large scale retail real estate development over the last decade; however in order for these to make significant contribution to the industry it is imperative to enhance development capability, bring standardization in infrastructure specifications, increase efficiency in mall operations and above all connect with consumers. A forum such as this would help in creating programs that provide guidance in developing shopping centers / malls for consumers and provide players with the experience to service their needs. This would certainly provide a significant fillip to the growth of organized retail.”
 
RAJAN MALHOTRA
President, Retail Strategy, Future Group
“Shopping centres in cities represent modern day temples where people come to spend time and also buy. The current environment is a reality check, and it begs all stakeholders to re-think and focus on how to best serve the common customers. Are we on the right track? Let's discuss.”
 
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