Ratnadeep signs MoU with TASK, RAI to setup retail centre of excellence

Hyderabad: Ratnadeep, a retail chain, has signed a Memorandum of Understanding (MoU) with the Government of Telangana, in collaboration with the Telangana Academy for Skill & Knowledge (TASK) and the Retailers Association of India (RAI). On the occasion of World Youth Skill Day. This partnership aims to establish the Ratnadeep Retail Centre of Excellence, an initiative that will provide comprehensive skill development opportunities for young aspirants in the retail industry.

The MOU exchange took place at the Gachibowli indoor Stadium in Hyderabad, in the presence of esteemed dignitaries such as Malla Reddy, Minister for Labour and Employment, Govt of Telangana, Srikant Sinha, CEO, TASK, Jayesh Ranjan, Principal Secretary, (I&C) and IT, Govt of Telangana, and Yash Agarwal, Executive Director, Ratnadeep.

The Ratnadeep Retail Centre of Excellence will serve as a hub for training, skill enhancement, and knowledge dissemination, catering to the evolving needs of the retail sector. Through this collaboration, Ratnadeep, the Government of Telangana, TASK, and RAI aim to equip aspiring individuals with the necessary skillset and knowledge to thrive in the dynamic retail industry.

Yash Agarwal, Executive Director of Ratnadeep, expressed his enthusiasm about the partnership, saying, "We are thrilled to join hands with the Government of Telangana, TASK, and RAI to establish the Ratnadeep Retail Centre of Excellence. This initiative aligns with our commitment to nurturing talent and promoting skill development in the retail industry. This collaboration solidifies our commitment to providing valuable skills training in the retail industry. Our goal is to skill 10,000 individuals within one year, ensuring they are equipped with the necessary skills and knowledge for a successful career in the retail sector.”

Ratnadeep is a retail chain with a presence in South India, three states (AP, Telangana, and Karnataka). With a commitment to delivering quality products and customer service, Ratnadeep has become a trusted name among customers. The company focuses on providing the best shopping experience to its 25 lakh customers. Ratnadeep planning to add 50 more stores in Telangana alone in this financial year, out of which we have already opened 10 stores in first quarter.