Two new outlets for Metro Cash & Carry in India

The German retail major Metro Cash & Carry India, in a bid to spurring its business operation, is going to invest around Rs.300 crore for setting up two new stores in Kolkata and Mumbai. An average amount of Rs.150 crore, inclusive of land price, will be spent on each of them. The new addition will make total number of the company`s outlets from 3 to 5. Out of the three operational outlets, two are located in Bangalore and one in Hyderabad.