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Bengaluru, May 18, 2017: METRO Cash & Carry India, one of India’s large organized wholesalers, added one more wholesale warehouse in the city of Hyderabad, Telangana on Thursday. The new outlet will bolster METRO’s strong position in the city by augmenting the existing base of nearly two lakh business customers. “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. Our motto is to be Champions for Independent Businesses, by providing them complete business solutions,“ said Arvind Mediratta, Managing Director & CEO, METRO Cash & Carry India. The store is spread over approximately 55,000 sq feet, and will help create over 350 jobs for the local economy. 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.
Special offerings at the new Hyderabad outlet include over 51 varieties in Rice, 22 in Pulses, a wide range of Ayurvedic products, including Patanjali & Sri Sri Ayurveda products, dedicated zone of Organics and Wellness products, Live Bakery, top brands in Apparel, Footwear, Luggage & Textile at attractive prices, disruption pricing in consumer durables and unique regional specialties, such as, Home Decor items from Muradabad & Jaipur and stoneware from Khurja.
The new outlet continues to offer METRO’s promise – everything under one roof, competitive pricing and uncompromising quality. Continuing with the corporate philosophy of supporting local businesses, the new METRO outlet will source at least 20% of its assortment from regional suppliers, helping them connect to national and international markets. Fresh produce for the Kompally outlet, such as fruits & vegetables will be sourced from METRO’s Collection Centre at Vontimamidi in Telangana. The company also offers its business customers commodity experts, loading facilities, doorstep delivery services through third party transporters and a robust loyalty programme designed to make their buying at METRO ultra-efficient and professional.
METRO started its Hyderabad chapter in 2006 with its first outlet at Kukkatpally, followed by Uppal and Shamshabad in the subsequent years. METRO’s pride in the city of Hyderabad is evident in its launch statement, ‘The 4th Charm-in-our City‘ which puns on the iconic monument of Hyderabad.
METRO Cash & Carry is represented in 25 countries with over 750 self-service wholesale stores. With a headcount of more than 100,000 employees worldwide, the wholesale company achieved sales of around €29 billion in financial year 2015/16. METRO Cash & Carry is part of the METRO AG Wholesale & Food Specialist Company. The METRO AG Wholesale & Food Specialist Company (W&FS Co.) is an internationally leading specialist in wholesale and food retail. With its sales lines METRO Cash & Carry and Real as well as its other associated companies, METRO AG W&FS Co. operates in 35 countries and employs more than 140,000 people around the world. In 2015/16, METRO AG W&FS Co. achieved sales of around €37 billion. The company provides custom solutions to meet the regional and international needs of its wholesale and retail customers. METRO Cash & Carry entered the Indian market in 2003. The company currently operates twenty-three wholesale distribution centres including six in Bangalore, three in Hyderabad, two each in Mumbai and Delhi, and one each in Kolkata, Ludhiana, Jaipur, Jalandhar, Zirakpur, Amritsar, Vijayawada, Surat, Indore and Lucknow.
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