Indian Economy News

Walmart launches third outlet in Telangana

  • IBEF
  • July 18, 2019

Walmart India launched its third Cash and Carry store, named as “Best price modern wholesale store” in Telangana at Nizamabad making it 26th store launched in the country by the company.

The retail company plans to inaugurate its fourth store in Telangana in Warangal. The store is constructed over 50,000 square foot. The store is planned to considerably add to the local and state economy by generating an estimated 2,000 direct and indirect jobs.

It is also predictable to increase the smallholder farmers and regional supplier eco-sytem as it will directly source from farmers and locally relevant food, non-food products from local suppliers to fulfil the needs of its members.

The new store has also been combined with sustainable solutions such as renewable energy, LED lights, water recycling through Sewage Treatment Plant and ground water recharging through collection of storm water and waste management.

This is the third store launched by Walmart within a span of 4 months. 

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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