Bharti Walmart opens Best Price outlet in Hyderabad
Raj Jain, President -Walmart India Managing Director and CEO, Bharti Walmart at the inauguration of the Wholesale Walmart Store in Hyderabad
Bharti Walmart, the joint venture between Bharti Enterprises and Walmart Stores Inc for wholesale and cash-and-carry operations in India, said its total investment in Andhra Pradesh had crossed $20 million with the opening of its fi rst Best Price Modern Wholesale cash-and-carry store in Hyderabad and the third in the state after Guntur and Vijaywada.
Spread over 53,000 square feet, the Best Price store in Hyderabad is situated at Pillar no 267 at Sivarampally in Rajendranagar area and is the JV's eighteenth outlet in the country. Bharti Walmart, which launched its fi rst B2B Best Price Modern Wholesale cashand- carry store in Amritsar in May 2009, today also has stores in Amritsar, Zirakpur, Jalandhar, Kota, Bhopal, Ludhiana, Raipur, Indore, Meerut, Agra, Lucknow, Jammu, Aurangabad, Bhatinda and Amravati.
According to the company, the store has created over 180 jobs direct in Hyderabad and surrounding areas and 60,000 business members, comprising restaurant owners, hoteliers, caterers, fruit and vegetable resellers, kirana stores, offi ces and institutions, had already registered with the one-stop B2B store.
[ BY VRN ]