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Lalit Aggarwal

Managing Director - India, SLB
India,India
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Lalit Aggarwal's Overview

Total Experience31 years
CompanySLB
CountryIndia

Lalit Aggarwal is the Chairman and Managing Director (CMD) of V-Mart Retail Ltd., one of India's leading value retail chains. An astute entrepreneur, he founded V-Mart in 2003 with a vision to provide affordable fashion to the burgeoning middle class in Tier-II and Tier-III cities of India. Under his leadership, V-Mart has grown significantly, establishing a strong presence across multiple states and becoming a trusted household name for value-conscious shoppers. He is known for his deep understanding of the Indian retail landscape, his focus on operational excellence, customer-centricity, and his commitment to bringing organized retail to underserved markets.

Professional Summary

Lalit Aggarwal's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

SLB - Managing Director - India (2024 to Present)
Tata & Sedco Forex JV - Graduate Engineer Trainee – Hi-Tech Drilling (1994 to 1996)

Notable Achievements

Founder & CMD of V-Mart Retail

Successfully founded and scaled V-Mart Retail Ltd. from its inception in 2003 into one of India's prominent value retail chains, focusing on Tier-II and Tier-III cities, with hundreds of stores across the country.

Pioneer in Value Retailing for Tier-II/III India

Recognized for his visionary approach in identifying and tapping the potential of underserved markets, making organized retail and fashion accessible and affordable to millions in smaller Indian towns.

Led Successful IPO and Consistent Growth

Steered V-Mart through a successful Initial Public Offering (IPO) in 2013, listing on the BSE and NSE, and has since consistently driven the company's expansion, revenue growth, and profitability in a competitive market.

Numerous Industry Recognitions and Awards

Under his leadership, V-Mart has received several accolades and awards for its performance, business model, and contribution to the Indian retail sector, such as 'Most Admired Retailer of the Year' in various categories by industry bodies.

Strategic Acquisitions and Expansion

Successfully led strategic acquisitions, such as 'Unlimited' stores from Arvind Fashions, to further strengthen V-Mart's market position and expand its footprint, particularly in South India.

Educational Background

Bachelor of Technology (B.Tech.), Petroleum Engineering

Indian Institute of Technology (Indian School of Mines), Dhanbad

Certificate in Executive Education, Digital Business

University of California, Berkeley

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
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Corporate Finance

Company Overview

SLB
Total employees111000
HeadquartersHouston, Texas
Founded1926

SLB (formerly Schlumberger) is a global technology company, driving energy innovation for a balanced planet. They are a leading provider of technology and services to the energy industry worldwide. SLB's offerings span the E&P lifecycle, including reservoir characterization, drilling, production, and processing, as well as newer ventures into areas like carbon capture, utilization, and storage (CCUS) and new energy technologies.

SLB Stock Information
SLB, Inc. is listed on the New York Stock Exchange under the ticker symbol SLB. The company went public on Not readily available in specified format (original listing in 1962)

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