Prashant Jain has been named the new Chief Operating Officer of Instor India, a provider of retail, industrial, and specialised fixtures. Prashant has over 20 years of experience in the retail sector, with a focus on the growth of FOCO and COCO (Company Owned Company Operated).
Prashant Jain, who has just been named Chief Operating Officer, has a wealth of experience in the retail sector, manufacturing efficiency management & operations, and business growth. Prior to joining Instor, Prashant worked as a strategic planner and key team member for top retail, manufacturing, and new-age companies, contributing to overall operational effectiveness and company expansion.
Speaking at his appointment, Ritika Mehta, Director, Instor by Kider India Pvt. Ltd., said, “Prashant’s appointment couldn’t have come at a more opportune time, as he will help guide the company through this transformative period. In this role, he will lead the growth of Instor’s retail, industrial and warehouse fixtures ecosystem, including operations, manufacturing, customer acquisition & onboarding, business operations & strategy, dealers and channel partnerships, and most importantly, improving customer experience.”
Prashant has been a retail industry veteran for many years and has headed a global retail and manufacturing company as the Vice-President. He is also credited to have played a pivotal role over the years in setting up manufacturing facilities of an NSE-listed company for their metal & business verticals, while also designing the company’s go-to-market strategy across corporate & institutional business. He was responsible for expanding the company’s footprint in crucial Government sales, enabling the company’s diversification from retailing to manufacturing.
Prashant Jain, Chief Operating Officer, Instor by Kider India Pvt. Ltd., said, “I am very excited to join Instor by Kider India’s team and take on this new challenge and responsibility. They have a great team with industry-leading infrastructure and reputation. The company is uniquely positioned given its manufacturing & technological leadership, and I believe that I will be able to further Instor’s vision with the right strategy, collaboration, and approach, as I foresee exciting growth opportunities. The retail industry is expected to witness remarkable growth in the coming years with the advent of hybrid business models. I look forward to increasing our market share, focusing on innovation, research, and development of new product categories and business verticals.”
