Bharti Walmart Private Limited, the joint venture between Bharti Enterprises and Walmart Stores Inc for wholesale, business-to-business, cash-and-carry and back-end supply chain management operations in India, opened its first Best Price Modern Wholesale cash and-carry store in Chhattisgarh in Raipur. Mr. Raj Jain, Managing Director and CEO Bharti Walmart inaugurated the store on the occasion.
The Best Price Modern Wholesale store is spread over 53,000 square feet and stocks over 5,500 items, including a wide range of fresh, frozen & chilled foods, fruits & vegetables, dry groceries, personal & home care, hotel & restaurant supplies, apparels, office supplies & other general merchandise items, which are available at competitive wholesale prices, allowing retailers and business owners to lower their cost of operations. The assortment, service and layout of the Store is customized to specific needs of members who can walk into the store and source high quality products in the quantities they need and at the time they require.
Mr. Rajan Bharti Mittal, Chairman, Bharti Walmart said, “We are delighted to expand our footprint to Central India with the launch of our first store in Chhattisgarh. We believe our operations will add value to Chhattisgarh’s economy by providing a wide range of products to kirana stores and other businesses at competitive prices. Bharti Walmart will also source products locally and provide direct and indirect employment opportunities to people in particular the youth.”
Speaking on the launch, Mr. Raj Jain, Managing Director and CEO, Bharti Walmart Pvt. Ltd. said, “Raipur is an important regional centre of India and we are excited to start our operations here with the launch of Best Price Modern Wholesale store. We have invested $7 million in Chhattisgarh and created over 200 inclusive jobs, of which about 40 are from the tribal community, thereby providing a sustainable means of income. We have already received very good response to this store with over 25,000 registered members. We are certain that this store will help create several indirect jobs, boost local manufacturing and help in further strengthening the economy of Chhattisgarh.”