Walmart India opens its 22nd cash and carry store in India

This reiterates Walmart India’s commitment to the State of Punjab where it plans to further expand its footprint. The new store simultaneously got integrated with the B2B e-commerce platform, making it the 22nd Best Price store to go online.

With the objective of enabling small businesses to prosper, the Store in Ludhiana located on Khewat/Khatauni, No 180/193 & 318/347, Village Mundia Khurd, Near Fortis Hospital, Chandigarh Road, will cater to the business needs of underserved small businesses such as kiranas/resellers, offices & institutions (O&I) and hotels, restaurants and caterers (HORECA). It will enable Walmart India to offer unique propositions of a wide range of quality merchandise & local assortment at ‘Every Day Low Prices’, unique shopping options, door-step delivery and convenient payment solutions to such business members in Ludhiana and adjoining areas within a radius of 100 km.

The Store will significantly contribute to the local and state economy by creating an estimated 2,000 direct and indirect jobs. It will significantly boost the small/regional supplier eco-system as it will source merchandise from local suppliers to fulfill the needs of its members.

Environment friendly practices like renewable energy, LED lights, water recycling through Sewage Treatment Plant and ground water recharging through collection of storm water and waste management practices have been incorporated. Electric vehicles would be used for the first time. These would be used for local deliveries and can cover up to 35 KM.

Announcing the Store launch, Krish Iyer, President & CEO, Walmart India said, “I am very excited about opening the 22nd Cash & Carry store in India. It reiterates our commitment to India and our growth plans. Setting up a second store in Ludhiana and sixth one in the state of Punjab reinforces our belief in the ease of doing business here in Punjab under the leadership of Hon’ble Chief Minister Shri Amarinder Singhji.

We are very excited with the progress. We have been delighting over one million members across the country since we opened the first store in Amritsar in 2009. As we open our second store in Ludhiana, we are excited at the opportunity of continuing to create shared value for partners, associates, members, suppliers, small farmers and the community at large and open up our mission to more members and help them save money to live better. Our Best Price Store will help our kirana/reseller members and other business members to efficiently manage their inventory and lower their operational costs.