With launch of 3rd cash & carry store in Telangana, Walmart now has 26 such stores in India
With launch of 3rd cash & carry store in Telangana, Walmart now has 26 such stores in India

Walmart India, the fully-owned subsidiary of world’s largest retailer Walmart Inc, has launched its third cash & carry ‘Best Price Modern Wholesale Store’ in Nizamabad, Telangana. With this launch, Walmart now has 26 stores in the country.

Walmart India already has two Best Price Stores in Hyderabad and Karimnagar. It further plans to introduce the fourth store in Warangal this year.

The new store is spread over 50,000 sq ft. It is likely to contribute to the local and state economy by creating an estimated 2,000 direct and indirect jobs. This store will also be increasing the smallholder farmers and regional supplier eco-system as it will directly source from farmers and locally relevant food, non-food products from local suppliers in order to fulfill the needs of its members.

Apart from this, the cash & carry store is integrated with sustainable solutions like renewable energy, LED lights, water recycling through Sewage Treatment Plant and groundwater recharging through the collection of stormwater and waste management.

Krish Iyer, President & CEO, Walmart India, said, “We are excited about opening the first B2B Cash & Carry Store in the City of Nizamabad, making it our 26th Store in India. We continue to expand our footprint in the State of Telangana with this 3rd store within a span of 4 months of opening the 2nd Store in Karimnagar. This reinforces our belief in the ease of doing business under the leadership of Hon’ble Chief Minister Shri K. Chandrashekar Rao.”

 
Stay on top – Get the daily news from Indian Retailer in your inbox
Also Worth Reading