German wholesale giant Metro Group plans to invest over 100 million euros (about Rs 650 crore) in India as part of strategy to spread footprint across the country. The cash and carry major that currently has nine stores at six locations in India in Bangalore, Hyderabad, Kolkata, Mumbai, Jalandhar and Ludhiana is eyeing to have 50 stores soon. The company has a good presence in India already and planning to have about 50 stores very soon. Such a big magnification of the company’s retail presence will be a fresh business opportunity for the signage companies associated with jobs in in-store displays and signs in the retail sector.
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