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Walmart opens 24th Cash & Carry store in India.

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The Best Price Modern Wholesale Store will meet all needs of underserved small businesses such as kiranas/resellers, offices & institutions (O&I) and hotels, restaurants, and caterers (HORECA) in the region under one roof, according to the company.
Walmart India, the wholly-owned subsidiary of Walmart Inc., opened its first B2B Cash & Carry store in Karimnagar, Telangana, making it the second in the state of Telangana and the 24th “Best Price Modern Wholesale Store” in the country, the company said in a statement. Announcing the opening of the first store in Karimnagar, KrishIyer, President & CEO, Walmart India said, “We are excited about opening the first B2B Cash & Carry Store in the city of Karimnagar. This is our second store in the state of Telangana, which reinforces our belief in the ease of doing business under the leadership of Hon’ble Chief Minister Shri K. ChandrashekarRao."The store is spread over 50,000 sq. ft. and is expected to contribute to the local and the state economy by creating an estimated 2,000 direct and indirect job, the company said. "This store also gives us the opportunity to continue to create shared value for our local supplier partners, farmers, members, associates and the community at large. Each of our Store creates an estimated 2,000 direct and indirect jobs and this one too has opened up employment opportunity for local youth in Karimnagar," Iyer added. The Best Price Modern Wholesale Store will meet all needs of underserved small businesses such as kiranas/resellers, offices & institutions (O&I) and hotels, restaurants, and caterers (HORECA) in the region under one roof, according to the company. "Telangana is an important State for us. We have signed anMoU with the State Government and at least seven new stores are in the pipeline. Besides, the State is an important sourcing destination for us as we source directly from farmers, work with many small and medium agri-commodity suppliers and several SMEs for our Private Brands,” Iyer said. 

 

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