Future of Retail Technology in India

What has been a significant change in modern retailing in India over the last five years?

• Reduction in the number of retail stores

• Introduction of cash-only transactions

• Adoption of mobile wallets and digital solutions

• Decline in consumer shopping patterns

How are AR and VR expected to impact the retail industry in India?

• By increasing the cost of retail operations

• By enabling virtual exploration and shopping experiences

• By reducing the need for physical stores

• By limiting customer interaction with products

What role does IoT play in enhancing the retail experience?

• It reduces the need for data analysis

• It provides real-time updates and automated checkouts

• It limits customer engagement

• It increases the cost of advertising

Which technology is crucial for personalization in retail?

• Manual inventory management

• Blockchain

• Data science and machine learning

• Traditional marketing

What percentage of Indian retailers are expected to adopt new technologies in the coming years?

• 90%

• 83%

• 60%

• 50%