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    Metro to expand operations in India

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    Metro India plans to open two new stores, one each in Kolkata and Mumbai.

    “We have planned to open two more stores in the country. The tentative investment for each store, including the land cost, is around Rs 150 crore. Every store will be in six to seven acres, and have ample parking space,” , head, corporate relations, India, said in a statement.

    Though the opening date is not finalised, stores are expected to open this year.

    The company board will meet and reveal detailed plans for India after announcing its annual financial results.

    Currently, Metro Cash & Carry operates two stores in Bengaluru and one in Hyderabad.