Mr. Mahesh Shah

Non-Executive Director and Chairman

Mr. Mahesh Shah, M.M.S. – Management from S.P. Jain Institute of Management & Research and Bachelor’s degree in Engineering from Veermata Jijabai Technological Institute (V.J.T.I) has a rich expertise and experience of more than 29 years in retail industry, has worked with India’s leading retail houses and has had a long-term relationship with Future Group. To summarise, Mr. Shah has been associated with the Future Group as a CEO – HomeTown (erstwhile Pantaloon India Limited) from May 2005 – July 2011, then had worked as a CEO – HomeTown with Future Retail Limited and Praxis Home Retail Limited for a total period from June 2013 – Oct 2018. Even outside the group, he has shown his exemplary performances as a President – HomeCentre (company being Lifestyle International Private Limited), with his stint being in Welspun Flooring Limited as a CEO.

Mr. Shah’s benchmarked performance is that of setting up the concept “HomeTown”, a complete home retailing format of an average size of 1,50,000 sq.ft encompassing Furniture, Home Improvement, Electronics, Furnishings, Décor and Housewares. He has a record of setting up 11 stores across India and was responsible for concept profitability, store design and merchandising. Also headed value retailing formats for home: “Furniture Bazaar” and “Home Bazaar” during his tenure with HomeTown between 2005- 2011. He is known for his strategic business decisions related to sourcing and merchandising of Furniture and Home Improvement Categories.

HomeTown with the largest market share in Furniture and Modular Kitchens in the country today, the main challenge surpassed by Mr. Shah was that of creating and maintaining a team that believed in the vision and which delivered inspite of the financial constraints.

Mr. Shah’s experiences are manifold and too wide. His strong parameters are can be put up as :
• Turning around Businesses,
• Entrepreneurial outlook,
• Success in launching new product categories / starting new Businesses,
• Consumer Insights,
• Team Building and Development.

His proven specialities are in setting up retail stores, driving retail sales, recruitment and training, store layout and design, merchandising, supply chain and reverse engineering, vendor development and sourcing, Dealer network Design and Management.