Bangalore, 28th June 2018: METRO Cash & Carry, India’s largest organized wholesaler is commemorating its 15 years of successful operations in India. As the pioneers in the cash & carry business in India since 2003, METRO has been part of countless growth stories of independent businesses and small and medium-sized enterprises (SMEs) across multiple sectors. In line with its commitment to be a ‘Champion for Independent Business’, METRO anchors close to 3 million customer base in India. Today, the company operates 25 wholesale distribution centers, catering to over 5000 suppliers, and has created over 12,500 direct and indirect jobs across the country.
As part of its 15 year’s celebration, METRO has introduced ‘Impossible Deals, Possible Everyday’, wherein METRO is offering cashbacks, ‘Buy More, Save More’ offers, exciting discounts and deals everyday across brands starting 27th June till 10th August 2018. During this period, METRO customers can avail cashback vouchers of INR 500 & 1000 on purchases worth INR 5,000 & 10,000 respectively, along with additional cashback of upto 20% from third party vendors. The offer is valid across all digital payments. In addition, METRO is offering mega discounts on range of pulses, apparels, home furnishing accessories, toiletries, luggage, electronics, commodities, FMCG brands & METRO own brands’ products.
Commenting on its successful operational feat, Mr. Arvind Mediratta, Managing Director & Chief Executive Officer at METRO Cash & Carry India said, “On our fifteenth anniversary in India, I would like to thank all our partners, suppliers, customers, farmers, employees and everyone who have supported in the journey to make METRO the largest wholesaler in the country. In line with our statement of purpose of being ‘Champion for independent businesses, we have been nurturing new, innovative and regional brands and local businesses to curate an eco-system of entrepreneurship in the country. We are enthused to be a part of the success story of several SMEs and entrepreneurs who have grown with METRO in the last 15 years. With our focus on driving sustainable and profitable growth, we are working consistently towards augmenting our understanding of local customer needs and providing offers, assortment and services to them, in order to add value to our growing 3 million customer base.”
METRO Cash & Carry set up its first store at Yeshwantpur in Bengaluru and since then has been growing its footprint in the country. Over the years, METRO has become synonymous with International benchmarked Quality & Food Safety, and is the first HACCP [Hazard Analysis Critical Control Point]-certified modern wholesaler. METRO has provided a platform to number of small and medium enterprises to grow their businesses significantly through its extensive network of 25 METRO Wholesale stores in 11 cities. They have been able to access the shelf space, storage, multi-market access, multi-customer base through METRO’s expansive network at an optimal cost. Today, 99% products METRO sells here are ‘Made in India, locally sourced from SMEs & local suppliers. METRO is also leading the way in kirana digitization which enables small kiranas to digitize their operations and modernize their backend systems with state of the art billing terminals. The company is also offering interest free credit solutions for traders/ kiranas helping them optimize their working capital.
To strengthen the agrarian eco-system, METRO runs a DIRECT FARM programme wherein it has set up six collection centers to procure fresh Fruits and Vegetables directly from farmers. The company sources over 12000 MT of produce per annum and the programme has positively impacted over 5000 registered farmers across the country.
About METRO Cash & Carry
METRO Cash & Carry operates in 25 countries over 750 wholesale markets with about 108,000 employees worldwide. In financial year 2016/17 it generated sales of about €30 billion. METRO Cash & Carry is the wholesale division of METRO, a leading international specialist in wholesale and food retail. The company METRO operates in 35 countries and employs more than 150,000 people worldwide. In financial year 2016/17, METRO generated 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-five wholesale distribution centers under the brand METRO Wholesale including six in Bangalore, four in Hyderabad, two each in Mumbai and Delhi, and one each in Kolkata, Jaipur, Jalandhar, Zirakpur, Amritsar, Vijayawada, Ahmedabad, Surat, Indore, Lucknow and Meerut. For further information, log on to www.metro.co.in