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Bharti Walmart launches Best Price Store in Chhattisgarh
20 Jun 2011
Bharti Walmart, the joint venture between Bharti Enterprises and Walmart Stores for wholesale, business-to-business, cash-and-carry and back-end supply chain management operations in India, has opened its first Best Price Modern Wholesale cash and-carry store in Chhattisgarh, Raipur.
The Best Price Modern Wholesale store situated at Raipur is spread over 53,000 sq.ft and stocks over 5,500 items including a wide range of fresh, frozen and chilled foods, fruits and vegetables, dry groceries, personal and home care, hotel and restaurant supplies, apparels, office supplies & other general merchandise items, which are available at competitive wholesale prices, allowing retailers and business owners to lower their cost of operations. Best Price Modern Wholesale store is a one-stop business-to-business store that meets the day-to-day needs of restaurant owners, hoteliers, caterers, fruit and vegetable resellers, kiranas stores, retail store owners, offices and institutions.
Mr. Rajan Bharti Mittal, Chairman, Bharti Walmart, said, “We are delighted to expand our footprint to Central India with the launch of our first store in Chhattisgarh. We believe our operations will add value to Chhattisgarh’s economy by providing a wide range of products to kirana stores and other businesses at competitive prices.”
Speaking on the launch, Raj Jain, MD and CEO, Bharti Walmart, said, “Raipur is an important regional centre of India and we are excited to start our operations here with the launch of Best Price Modern Wholesale store. We have invested $7 million in Chhattisgarh and created over 200 inclusive jobs, of which about 40 are from the tribal community, thereby providing a sustainable means of income. We have already received very good response to this store with over 25,000 registered members. We are certain that this store will help create several indirect jobs, boost local manufacturing and help in further strengthening the economy of Chhattisgarh.”
Bharti Walmart sources a large number of products locally to provide an impetus to the local industry and create employment in local economy.
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