Strategy Commercial Leadership India & MENA

I read where Indian consumers are going, and help build what comes next.

Shray Agarwal — AVP & Business Head at a global consumer intelligence consultancy. Twelve years of engagements across telecom, FMCG, AlcoBev, automotive, and the development sector: read the market, run the machine, own the number. ₹40Cr+ P&L.

Delhi NCR, India
Portrait of Shray Agarwal
40Cr+
P&L owned, India practice
14Cr+
New-business revenue · 47% NBD conversion
7
Promotions in 11 years, one firm
4
White papers that became mandates
3
GenAI platforms deployed firm-wide

Twelve years of building one practice, in five numbers.

SELECTED WORK

The work, the way it was scoped.

A representative slice of 400+ engagements — problem, approach, result. Client names withheld.

Across categories — Telecom, FMCG & Foods, Oral & Personal Care, Automotive (2W & 4W), Pet Care, BFSI, Media & Social Platforms, AlcoBev, Beauty, Real Estate, Nutraceuticals & Health, Rural & Development

12 years. 200+ studies read, run or directed. No client named on this site.

BUILT IN-HOUSE

Three GenAI platforms, all in daily use.

All three deployed firm-wide; the product line reached commercial revenue within its first year.

Institutional Knowledge Hub

Turned a two-decade research archive into a queryable institutional memory.

  • Classified a ~200-study corpus into ten framework families.
  • Built so a new question retrieves prior evidence instead of restarting research.
  • Directly addresses the consultancy's oldest structural loss: knowledge that leaves when people do.

Framework Skill Architecture

A core-plus-router-plus-modules system that loads the right analytical lenses per study.

  • Eleven framework modules built from deep-reading representative studies, extracting method, projective kit, output structure and house voice.
  • A router, because a single study routinely spans four frameworks at once — one-skill-per-framework breaks immediately at real complexity.
  • Three modules validated against known outputs before scaling the rest.

Research Instrument Generator

Generates discussion guides and instruments grounded in prior study design rather than in generic templates.

  • Trained on the firm's own historical instruments so outputs carry the right structure, not just the right words.
  • Recruitment, discussion guide, and survey flows are generated from a brief and a single prompt.
  • Senior researchers review instead of draft, which reclaims days for analysis and counsel.

Zero to commercial revenue in 11 months.

CAPABILITY

What I bring.

Three levers, from evidence to outcome.

Measure it

The quantitative bench, run hands-on rather than briefed out.

  • Survey design — business question to hypothesis to instrument
  • Conjoint and max-diff, for trade-off and preference sizing
  • Significance testing: t-test, ANOVA, MANOVA
  • Regression for driver ranking and effect sizing
  • Sampling frame design and data-quality standards
  • Qualtrics-class platforms and UserTesting
  • Concept, prototype and usability testing
  • Power BI — built a 15+ KPI governance layer

Understand it

Ten framework families, each built from deep-reading the studies that used them — not from textbook summaries.

  • Brand equity — six-dimension diagnosis
  • Brand archetype — inventory and deconstruction
  • Triggers, barriers and conversion (Art of Woo)
  • Jobs-to-be-Done, as an innovation-brief converter
  • Behavioural science — System 1/2, COM-B, EAST, MINDSPACE
  • Anxiety and depth profiling — transactional analysis, life-script
  • Semiotics and communication codes
  • CX and journey — emotional arc, moments of truth
  • Culture and futures — tensions and emergent codes
  • Segmentation and pen-portrait personas

Field formats: extended consumer triads, in-home audits, expert panels across disciplines, digital intelligence, and craft–recycle–validate workshops that end in a decision.

Ship it

The part most insight leaders don't carry.

  • ₹40Cr+ P&L, owned end to end
  • 17-person team across consumer, brand, category and shopper
  • 47% RFP win rate on ₹14Cr of new revenue
  • 33% profit uplift; 23.5% average annual revenue growth
  • 40+ enterprise accounts
  • Stood up a new-market entity from zero
  • GenAI product from hypothesis to revenue in 11 months
  • Insight risk and data governance ownership
WHITE PAPERS

Four white papers, each written to win a mandate.

Not published — written for a specific client, to open a specific conversation. Every one converted.

The Invisible Category

TELECOM / TMT

Telecom has stopped being a category consumers choose and become infrastructure they assume. The paper maps what operators must do when their product becomes invisible — and where the next visible layer of value will be contested.

Opened ₹1.8Cr in advisory mandates.

Request the paper

The Split

AUTOMOTIVE

Indian commute is dividing into two irreconcilable futures. The paper decodes the fault line and argues the category's next decade belongs to whoever stops selling vehicles and starts selling time.

Opened a ₹96L mandate.

Request the paper

The Floor

ALCOBEV

A commentary on the Indian AlcoBev landscape: why the real battle is not at the premium ceiling but at the cultural floor — the codes that decide what Indians permit themselves to drink, where, and with whom.

Led to a portfolio innovation commission.

Request the paper

The Trust They Already Own

F&B

Legacy Indian food brands sit on unpriced trust. The paper argues this trust is a market-entry asset most incumbents don't know they hold — and challengers can't buy.

₹2Cr committed in-year by the client it was written for.

Request the paper
APPROACH

The operating system.

Structure that lets client work scale without losing its edge.

One P&L, not five offices.

Consolidated five regional offices into a single ₹40Cr+ practice under one operating model. One planning cycle, one pricing logic, one delivery organisation.

Decisions in the room.

Workshop formats that replace the report rather than follow it — the client team commits while the evidence is still live.

Governance as infrastructure.

Built a Power BI decision layer across 15+ KPIs, giving leadership a single source of truth for pipeline, delivery, and margin.

Result: leadership decision velocity up ~21%.

Built the firm's Middle East entity from Delhi, without travelling. It now delivers across India and MENA.

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Research Hero 2022, Market Research Society UK Future List Nominee 2022, GreenBook.

CONTACT

Get in touch.

If any of this connects with something you're working on, I'd like to hear from you.