Lalit Agarwal in

Lalit Agarwal

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Co-Chair of the FICCI Retail and Internal Trade Committee at FICCI
📍 Gurgaon, Haryana, India

Lalit Agarwal is the Founder and Managing Director of V-Mart Retail, a venture he started in 2003. With over two decades of experience, he pioneered value fashion retailing in Indias Tier 2, 3, and 4 towns, driven by a mission to serve the needs of emerging India. He is an alumnus of Harvard Business School.

His professional focus is complemented by a passion for education and philanthropy, demonstrated by his role as a Founder and Trustee at Plaksha University. He actively shapes the national retail landscape through his co-chairmanship of the FICCI Retail Committee and his chairmanship of the CII Northern Regional Committee on Retail.

His founding belief for V-Mart was simple yet powerful: looking good and living joyfully shouldn’t cost too much and should be within everyone’s reach.

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Experience
22 Years
Current Role
Co-Chair of the FICCI Retail and Internal Trade Committee
Job Level
Leadership
Location
Gurgaon, Haryana, India
Personality Overview

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Communication Style
Decision Approach
Work Preference

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Priorities

Topics Lalit cares about

Affordable Retail
He founded V-Mart with the core philosophy of making quality fashion affordable and accessible to customers in India's smaller towns and cities.
Tier-2/3 Market Expansion
His entire business model is centered on seeing opportunity and serving the unmet needs of consumers in what he terms "real India. "
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Career

Work history

2025
Co-Chair of the FICCI Retail and Internal Trade Committee
FICCI
2023
Chairman, CII Northern Regional Committee on Retail
CII Northern Region
12-2019
Founder & Trustee
Plaksha
3-2003
CMD
V-Mart Retail Ltd.
In the press

Media appearances

Press Release – FICCI (ID 5119). Featured in FICCI
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Press Release – FICCI (ID 3578). Featured in FICCI
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Education
1992 - 1992
Financial Management
SVKM's Narsee Monjee Institute of Management Studies (NMIMS)
Owner/President Management (OPM) Program
Harvard Business School
Social presence
in
Behavioral profile

DISC profile (public)

DISC behavioral profile

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