Metro Cash & Carry the German wholesaler which has tasted success of B2B retailing in Bangalore and Hyderabad is now marching towards the rich state of Punjab. They are looking out for locations in Amritsar, Chandigarh and Ludhiana to open new stores.
On the lines of Reliance, Metro is also exploring at the possibility of Punjab being a major sourcing hub of fresh produce for other centers across India. Mr. James Scott, Member of the Metro Board, said,
We should throw open the doors of Mumbai outlet by March and Kolkata store by April for business. The government has given us commitment that we can sell fresh produce in the city of Kolkata.
APMC has been abolished in Kolkata and the new law is yet to be put in place. The new law will enable B2B retailers to establish direct marketing centers for farm produce and develop supporting services to farmers.
Metro Cash & Carry’s Private Lable Business in India