Bharati Walmart opened its best price wholesale store here on Wednesday. This is the second store in the state and 14th in the country.
Speaking on the occasion, Arvind Mediratta, Business Head – Cash & Carry, said they had invested $7 million to establish the store and had extended membership to 25,000 retail traders from the district. The store is spread over over 53,000 square feet and is a one-stop business-to-business store that meets the day-to-day needs of restaurant owners, hoteliers, caterers, fruit and vegetable resellers, kirana stores, offices and institutions, he said.
It would stock over 6,000 items, including a fresh, frozen and chilled foods, fruits and vegetables, dry groceries, personal and home care items, hotel and restaurant supplies, apparels, office supplies and other general merchandise. Several products available have been locally sourced from Guntur and surrounding places, he added.
The government today said it has granted Maharatna status to Bharat Heavy Electricals Ltd and Gas Authority of India Ltd.