Ten years after METRO Cash & Carry opened its first two wholesale distribution centres in Bangalore, the company has opened its third wholesale outlet in the city on Hosur Road. This is Metro’s 16th wholesale distribution centre in the country. The company has two large-format outlets in Yeshwanthpur and Kanakapura Road in Bangalore.
With an investment of close to Rs 70 crore, the new wholesale centre is spread across approximately 60,000 sq.ft., aims to serve small and mid-sized traders, offices, caterers, multi-cuisine restaurants, and hotels near Electronic City for food and non-food products.
Speaking on the occasion, Rajeev Bakshi, Managing Director, Metro Cash and Carry India, said: “As the pioneer of cash and carry format in India, Metro has developed a nuanced understanding of customers across the country. So we are delighted to be coming home to Bangalore with a brand new outlet that consolidates our experience and learning of 10 years, without compromising on the unbeatable quality and value for money that Metro has been associated with. I’d like to thank our business customers in Bangalore who have partnered with us steadfastly throughout the last decade.”
Metro claims to offer close to 2,300 food and non-food products under its private labels such as Aro, Fine Food, Sigma, Authentic, Horeca Select and Tarrington House.
Metro Cash & Carry entered the Indian market in 2003 with distribution centres across the country, two each in Bangalore, Hyderabad and Mumbai; and one each in New Delhi, Kolkata, Ludhiana, Jaipur, Jalandhar, Zirakpur, Amritsar, Vijayawada, and Indore. Globally, it is present in 29 countries with around 700 self-service wholesale centres. The company achieved sales of about € 32 billion in 2012.