Umang Gupta, Country Head, RX India, highlights reforms, organised retail growth, and rising demand as industry leaders gather in New Delhi
MAPIC India Shopping Centre Summit brings retail leaders together as consumption gains pace
New Delhi, April 2, 2026: MAPIC India Shopping Centre Summit and Awards will take place on April 8 at JW Marriott Hotel, Aerocity, bringing together leaders from retail, real estate, and investment sectors to discuss the evolving dynamics of India’s retail market.
India’s retail sector has shown strong momentum, with festive season sales in 2025 rising by 11 percent. Organised retail is projected to reach USD 230 billion by 2030, while investments of over USD 3.5 billion are expected in retail real estate over the next three years.
Sessions will also explore the convergence of retail and hospitality, along with the role of design and experiential formats in shaping future retail environments.
The summit will see participation from industry leaders including Abhishek Bansal of Pacific Malls, Jayen Naik of Nexus Malls, Rashmi Sen of The Phoenix Mills, Shibu Philips of Lulu Group India, and Kavindra Mishra of Shoppers Stop, among others.
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