While the Tata Group has already hired around 50 execs, RIL is in the process of putting in place an ecomm team
Diversified conglomerate the Tata Group, which is giving shape to its ecommerce venture -code named Tata Mall -has hired between 35 and 50 executives who will work out of Mumbai’s Bandra Kurla Complex, said a person with direct knowledge of the plan.
Tata Mall, which will be a subsidiary of Tata Industries, has hired a mix of internal recruits and some from Tata Administrative Services, he said The online venture, which will sell both -goods of Tata Group companies as well as other retailers, will allow the customer to book products online, check them at one of the stores and even cancel the order if unsatisfied with it at the store.
It has formed a steering panel of executives from group companies to guide the ecommerce team in order to sell products from group companies.
“Liaison officers from Tata-owned brands such as retail chain Westside, Titan and Tanishq have started meeting the ecommerce team regularly,” the same person quoted above said. “We are chugging along, but need to move fast because other big players are hiring fast.“
“Ecommerce is of interest to the Tata group,” a Tata group spokesperson said. “We will share more information at the appropriate moment.“
Meanwhile, Reliance Industries (RIL) is also stepping on the gas and is readying its supply chain, riding on its retail chain Reliance Fresh. It has started hiring executives with experience in ecommerce platforms for its online and strategy teams.
“The group has set up a 1,000-seater ecommerce centre and is looking for talent with degrees from Harvard, Wharton and also from competitors such as Snapdeal, Flipkart, Wal mart, Walmart Labs, Jabong and Myntra,” a head hunter said.
The group is in talks to hire a chief executive rom a rival ecommerce firm and has offered an annual salary of ` . 3 crore, while it is offer ng senior executives anywhere between ` . 75 and `. 90 lakh. The company has not offered any stock options until now, said people famil ar with the matter.
Ashish Grover, former director of Target Technology , has joined as VP ecommerce for Reliance Jio, while Chithra Thomas, former as sociate director HR of Walmart, has been hired as VP HR for Reliance online initiative under Reliance Retail. They may be later integrated nto the ecommerce platform once it rolls out.
An email sent to a RIL spokesperson did not elicit any response.
Aditya Birla Group has already built a team under a unit called Aditya Birla Online Fash on, which has between 30 and 40 executives based out of Bengaluru.
“The conglomerates’ ecommerce plans are more of a reaction to what Flipkart and Ama zon have been able to do,“ said a consultant at one of the big four advisory companies.
Source: Economic Times
Date: 5th June 2015