since the start of experiment, conductance is low because acetic acid is a weak acid and its dissociation is slow which is responsible for low conductance
The second half
At second half of reaction, conductance is decreasing in a controlled manner because the ionization of acetic acid results in acetate ions( CH3COO− ) and NaOH dissociates into Na+ and OH- Which results in the formation of sodium acetate (NaCOOH).since most of the freely moving ions are utilized in the salt formation, so the availability of free moving ions is very low hence, decreasing the conductance.
EQUATIONs CH3COOH ⇌ CH3COO− + H+ NaOH ⇌ OH- + Na+
NaOH + CH3COOH ➝ CH3COONa + H20
The third half When all the acetic acid is used up in the product formation , equivalent point is achieved and now the addition of base (NaOH) causes dissociation into Na+ and OH- both of them are freely moveable ions that causes increase in the conductance, hence raising the curve upward after achieving the equivalent point .