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Best Sellers of India Awards

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About The Awards

Best Sellers of India Awards recognizes and honours the outstanding achievements and successes of the ambivalent (smart) retailers in India, in the presence of leaders, dignitaries and visionaries representing the retail industry in India. The Initiative is focused on identifying the Best Stories of Phygital Success from across India for Amplification to the Larger Base of retailers, sellers and traders.

Eligibility

The enterprise should be an entity engaged in a retail activity and based in India, with a legal form i.e. registered as a business with an Udyam Registration.

  • The enterprise must be in operation for a minimum period of 3 years at the time of application.
  • Any enterprise from the below given sector can apply. Each applicant can apply for one or multiple categories:
    1. Electronics & Appliances
    2. Furniture
    3. Sports & Lifestyle
    4. Jewellery
    5. Fashion & Apparel
    6. Food & Beverage
    7. Home & Kitchen
    8. Grocery
  • Each applicant would be required to fill in an Online Self-Nomination form before the Last Date.
  • Must furnish supporting details as and when required.

Evaluation

Nominees are evaluated on the basis of indicators. While the financial indicators of Growth Performance and Financial strength would be keenly evaluated, balanced emphasis would be given to the non-financial indicators.

Base Indicators:

a. Growth performance:

Growth performance indicates the growth of retailer over a period of 2 years.

b. Future Proof Orientation:

Future proof orientation indicates how the business is adapting to sustain your business & make it future proof.

c. Digital Journey:

Digital journey indicates how your business has transformed digitally and adapted to the needs of digital demands.

d. Financial Soundness:

Financial Soundness indicates the current financial strength of the applicant (retailers) based on a combination of various financial ratios including return ratios, liquidity and leverage ratios and operating efficiency ratios.

Secondary Indicators:

a. Innovation & Disruption:

Innovation & Disruption indicates the incremental and innovative steps you have taken to improve your business.

b. People Capital:

People Capital indicates the knowledge, skills, competencies, and attributes embodied in the individuals working for your business.

c. Internal & External Processes:

Internal & External Processes indicates retailers technology infrastructure and ability to respond to competition quickly.

c. Customer experience:

Customer experience indicates the customers love for you compared to your competitor through their experiences of basic services.

Evaluation Process

Jurry Members

Dr. Amar Patnaik

Dr. Amar Patnaik

Member of Parliament
Rajya Sabha

Mr. Dhanendra Kumar, IAS

Mr. Dhanendra Kumar, IAS

Former Chairman CCI
India's ED in World Bank, Secretary GOI

Dr. Aruna Sharma, IAS

Dr. Aruna Sharma, IAS

Former Secretary
Govt. of India

Mr. Ramesh Abhishek, IAS

Mr. Ramesh Abhishek, IAS

Former Secretary
DPIIT

Mr. Prahlad Kakar

Mr. Prahlad Kakar

Chairman
India SME Forum

Mr. Nandakumar G. W.

Mr. Nandakumar G. W.

General Manager & Business Head MSME
South Indian Bank

Mr. Harish Kohli

Mr. Harish Kohli

President & Managing Director
Acer India

Mr. Vinod Kumar

Mr. Vinod Kumar

President
India SME Forum (Convenor)