Metro Cash & Carry is planning to open four new stores in India by the end of 2012, of which two would come up at Zirakpur in Punjab and Indore in Madhya Pradesh. The average investment in the new wholesale distributions centres will be approximately Rs 70 crore each. Metro Cash & Carry, a sales division of Metro Group, currently operates 11 wholesale distribution centres — two each in Bangalore, Hyderabad and Mumbai, and one each in Kolkata, Ludhiana, Jalandhar, Delhi and Jaipur.
Traditional Indian wholesale markets, while extremely efficient, find that they have to expand their procurement and distribution models to accommodate the increased number of products that are in demand in the market at present. New stores of Metro Cash & Carry will deliver a fresh business to the signage companies engaging in jobs across the retail segment.
