27 March 2017, India:
US-based Walmart is all set to open 50 new stores in India out of which 25 will be opened in Uttar Pradesh and Uttarakhand in coming three to four years.
Walmart India owns and operates 21 Best Price Modern Wholesale stores offering nearly 5,000 items in a Cash & Carry wholesale format. Besides Uttarakhand and Uttar Pradesh, there would be 10 new stores each in Maharashtra, Andhra Pradesh and Telangana. And two more stores coming in Lucknow, along with Ghaziabad, Noida, Kanpur, Allahabad, Haridwar, Dehradun and Haldwani.
“Our commitment to the country is very deep and we are growing our footprints in India further by opening 50 more cash-and-carry stores in next few years across key focus states, including AP, Telangana, UP, Uttarakhand, Haryana, Maharashtra etc. Our development team is growing this store pipeline for last couple of years and we’re confident of continuing our contribution to the creation of thousands of skilled jobs, helpings kiranas, farmers & SME suppliers succeed through our cash & carry business,” a Walmart India spokesperson said in response to a questionnaire from TOI. (Image- Walmart)