• Tony Thomas
• Anju Joseph
• Sarath John Thomas

The upcoming decade is expected to be the golden age of the consumer, with buyers having more options, alternatives and control than ever before. They will be presented with a growing line-up of products and services, often customized to their specific needs and wants. Consumers will continue to demand price and quality lucidity along with a wide range of appropriate fulfilment options. Overall, the retail experience is self-assured to become more innovative, stimulating, simple and convenient, depending on the consumer’s ever-changing needs. Artificial intelligence (AI) is acting very briskly into the consumer packaged goods (CPG) and retail sectors. Already, more and more buyers are using so-called ‘voice commerce’ on home-based devices to restore household supplies and groceries. In the next two to three years, the industry’s initial movers will seize major edge over the laggards. Retailers that arise successfully from the shock waves hitting their industry will be those that redesign their physical stores and supply chains to meet digital consumer needs. The current article makes an attempt to build some innovative and curious thoughts in the minds of the scholars what retail will look like as a result of the changing customer, and re-envisaged stores, supply chains, lay out vital plan of action and a potential roadmap for facing the future, including how retailers can make shopping easier and more convenient as a special case of the recently opened “Watasale” store by Nayasale private limited in Cochin city of Kerala which is India’s first fully automated autonomous retail store based on artificial intelligence.

Artificial intelligence, Computer vision, Deep learning, QR code, Sensor fusion

"Future Prospects Of Fully Autonomous Automated Retail Stores In India Based On Artificial Intelligence - A Study On Startup Venture Of Watasale Store By Nayasale Retail Pvt. Ltd In Kochi, Kerala", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 9, page no.15-20, September-2018, Available :http://www.jetir.org/papers/JETIR1809303.pdf

"Future Prospects Of Fully Autonomous Automated Retail Stores In India Based On Artificial Intelligence - A Study On Startup Venture Of Watasale Store By Nayasale Retail Pvt. Ltd In Kochi, Kerala", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 9, page no. pp15-20, September-2018, Available at : http://www.jetir.org/papers/JETIR1809303.pdf