Metro Cash & Carry, the international leader in self-service wholesale, has announced the opening of its maiden store in Mumbai. Located at Neptune’s Magnet Mall in Bhandup, the new 70,000 square feet outlet -- Metro Cash & Carry's fourth in India -- caters to hotels, restaurants and kiranas.
“We are convinced that our unique business-to-business concept will be very successful in Mumbai and well accepted by our professional customers,” said Martin Dlouhy, MD, Metro Cash & Carry India. “We see vast potential for our wholesale centres in this metropolis. We are already exploring possibilities to open more outlets to effectively meet the needs of our customers.”
The product range in the Mumbai centre comprises more than 18,000 articles; 8,000 food and 10,000 non-food products. The focus on local suppliers, which is typical for Metro Cash & Carry’s business model, is also pursued in India. Around 95 per cent of the goods on display in Mumbai originate from local producers and distributors.
Metro Cash & Carry entered the Indian market in 2003. Besides the new outlet in Mumbai, the company operates two wholesale centres in Bangalore and one in Hyderabad.
Source: May 20, 2011, Indiaretailing.com