First commercial orders validate SERFL's strategic entry into the $31 Bn retail automation market.
Mumbai, Maharashtra, India --- Business Wire India Safe Enterprises Retail Fixtures Limited ("SERFL"), a retail infrastructure company engaged in the design, manufacturing, supply and installation of retail fixtures and shopfitting solutions, today announced its entry into the retail automation market with WAVE, its proprietary RFID-powered self-checkout platform.
The Company has successfully deployed its first commercial orders for WAVE, marking an important milestone in the commercialization of its retail automation business and validating early market acceptance of the platform.
Leveraging its extensive experience in delivering retail infrastructure solutions to organized retailers across the fashion, apparel, footwear, electronics, beauty and lifestyle etc. sectors, SERFL is now expanding its capabilities beyond physical retail infrastructure into intelligent retail technology. This strategic expansion broadens the Company's addressable market and reinforces its vision of becoming an integrated solutions partner for modern retailers.
The global retail automation market is witnessing strong growth as retailers increasingly invest in technologies that improve operational efficiency, enhance customer experience and streamline store operations. According to Fortune Business Insights, The global retail automation market is projected to grow from approximately USD 31.2 billion in 2026 to USD 77.4 billion by 2034, reflecting the increasing adoption of AI, RFID, computer vision and self-service technologies.
Built on Radio Frequency Identification (RFID) technology, WAVE enables customers to complete purchases without conventional barcode scanning by automatically identifying all RFID-tagged products placed within the checkout zone. The solution delivers faster transactions, minimizes queues and enables a seamless self-checkout experience while improving store efficiency.
Designed for organized retail formats including fashion, apparel, department stores and large-format retail, WAVE offers: • Faster, frictionless checkout • Reduced customer waiting time • Improved billing accuracy • Higher store throughput during peak hours • Enhanced customer experience • Simplified store operations Commenting on the launch, Mr. Mikdad Merchant, Whole Time Director, Safe Enterprises Retail Fixtures Limited, said: "Retail is evolving rapidly, with consumers expecting faster, frictionless and technology-enabled shopping experiences. Through WAVE, we are combining our deep understanding of retail infrastructure with intelligent automation to help retailers improve operational efficiency while enhancing the customer experience. We believe retail infrastructure and retail technology will increasingly work together to shape the stores of the future, and WAVE represents a significant step in that journey." Having delivered retail infrastructure solutions to organized retailers across India for several years, SERFL believes it is uniquely positioned to bridge the gap between physical retail infrastructure and intelligent retail technology. The launch of WAVE reflects the Company's long-term vision of becoming an end-to-end partner for retailers by integrating infrastructure, automation and technology into a unified retail ecosystem.
About Safe Enterprises Retail Fixtures Limited Safe Enterprises Retail Fixtures Limited ("SERFL") operates in the retail infrastructure segment and is engaged in the design, manufacturing, supply and installation of retail fixtures and shopfitting solutions for organized retail clients across the fashion, apparel, footwear, electronics, beauty and lifestyle sectors etc. The Company delivers end-to-end retail infrastructure solutions encompassing store fixtures, display systems and turnkey store execution, enabling brands to create efficient, scalable and customer-centric retail environments. With WAVE, SERFL has expanded its capabilities into intelligent retail automation, reinforcing its vision of becoming an integrated retail solutions partner for organized retailers.
Company Website: www.safeenterprises.com Insync Shopfittings: www.insyncshopfittings.com To View The Image, Click On The Link Below: WAVE delivers faster, smarter, and frictionless self-checkout for the next generation of retail (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR
Get Swadesi News in your inbox
Top stories, mandi prices, weather alerts — once a day, in English. Free, no spam.