Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.
11,913.455.3
Stock Analysis, IPO, Mutual Funds, Bonds & More

Wholesaler Metro Cash & Carry opens fourth store in Hyderabad

The store, spread over 55,000 sft, is also the company’s 24th store in the country and will employ over 350 people.

, ET Bureau|
Updated: May 17, 2017, 05.38 PM IST
0Comments
Metro India caters to over 11 lakh dedicated customers across the country, which includes small and mid-sized kiranas, hotels, restaurants, caterers and self-employed professionals.
Metro India caters to over 11 lakh dedicated customers across the country, which includes small and mid-sized kiranas, hotels, restaurants, caterers and self-employed professionals.
HYDERABAD: Bullish on the Hyderabad wholesale market, organised wholesaler Metro Cash & Carry India on Wednesday opened its fourth store in the city as a part of its growth and expansion plan.

The store, spread over 55,000 sft, is also the company’s 24th store in the country and will employ over 350 people.

Arvind Mediratta, managing director and chief executive officer (CEO), Metro Cash & Carry India, said, “Hyderabad is a special market for us. We’ve witnessed fast growth in this market since 2006, and there’s still plenty opportunity for growth and expansion. The new outlet will bolster Metro’s strong position in the city by augmenting the existing base of nearly two lakh business customers.”

Metro India caters to over 11 lakh dedicated customers across the country, which includes small and mid-sized kiranas, hotels, restaurants, caterers and self-employed professionals.

Also, as part of its corporate philosophy, it will source at least 20% of its assortment from regional suppliers, helping them connect to national and international markets.

Metro opened its first store in Hyderabad in 2006 at Kukatpally, followed by Uppal and Shamshabad in the subsequent years.

“With the extended network of our operations, Metro India is now able to provide more proximity and convenience for the local customers”, said Manish Sabnis, Metro India’s Operations Director for South and West India.

Also Read

12 injured as two trains collide in Hyderabad

OYO Workspaces forays into Hyderabad

Hyderabad airport begins trials on body scanners

GMR Hyderabad Airport Cargo launches 'HC3 Hyderabad Cargo Charter Circle'

Air India's Hyderabad MRO eyes EASA certification

Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service