METRO Cash & Carry India, the country's leading organised wholesaler, on Wednesday announced opening of a new store at Visakhapatnam, taking the total strore count to 29.
The new store is the second METRO Wholesale in Andhra Pradesh after Vijaywada, which will help generate close to 500 direct and indirect employment opportunities, said a company statement.
Spread over 50,000 sq.ft, the new store stocks a wide range of globally benchmarked quality assortment of over 7,500 products in both food and non-food category, it added.
METRO Cash & Carry India MD and CEO Arvind Mediratta said Andhra Pradesh is a priority market for the company and would increase its footprint in the state.
"We will continue investing to add more stores in the state, provide diverse product assortment and offer innovative digital solutions for an enhanced omni-channel experience for our customers, he said.
The new store is integrated with METRO's B2B e-commerce app for traders and will offer the kirana customers the convenience of ordering online from METRO store and get stocks delivered at their doorstep through GPS enabled trucks.
METRO Cash & Carry India is a part of Germany-based international wholesale company METRO, which operates in 34 countries.
It entered the Indian market in 2003.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)