Walmart launches its 26th and Telangana’s third Best Price Store at Nizamabad

Walmart India President and CEO Krish Iyer launched the store along with Nizamabad Urban and Rural MLA’s Bigala Ganesh Gupta and Bajireddi Govardhan

By Author  |  Published: 17th Jul 2019  3:00 pmUpdated: 17th Jul 2019  7:18 pm

Nizamabad: Walmart India launched its Best Price store at Nizamabad, on Wednesday, its 26th cash and carry store in India and third store in Telangana, after Hyderabad and Karimnagar. Walmart India President and CEO Krish Iyer launched the store along with Nizamabad Urban and Rural MLAs Bigala Ganesh Gupta and Bajireddi Govardhan respectively on Wednesday at Madhava Nagar village on Nizamabad outskirts.

On the occasion the Walmart CEO Krish Iyer said the Telangana government supported Walmart India to launch Best Price cash and carry stores in the state. He said that Nizamabad best price store was third in Telangana state and 26th store in India. They would also be launching their stores at Nacharam and Kukatpally, in addition to a fulfillment centre at Hyderabad.

Krish Iyer said that they were recruiting local people and providing employment opportunities to skilled and semi-skilled labour. In each store nearly 2,000 people are provided employment either directly and indirectly. He said that Walmart was utilizing 95 per cent resources from the country, enabling kirana, small businesses to succeed, boosting SME supplier ecosystem and supporting local growers and farmers by sourcing fresh produce from them directly.

Iyer stressed that their best price stores are sustainable stores, which are spread over 50,000 sft area, it would run on renewable energy supplied through rooftop solar panels and has integrated energy efficient solutions, recycled water, waste management and water harvesting. He also said their B2B e-commerce platform simultaneously launched, making it easier for members to order without stepping out of their stores.

The CEO said the store would get fresh vegetables like cucumber, tomato, cabbage, cauliflower and green chillies from Vantimamidi market, Red chili from Warangal for Telangana stores as well as four other states including Maharashtra and Andhra Pradesh.

Bigala Ganesh Gupta, Nizamabad Urban MLA said that Telangana government was supporting the businessmen and industrialists through Ease-of-Doing Business programme and welcomed Walmart to launch 26th Best price store at Nizamabad. The Nizamabad Rural MLA Bajireddi Govardhan said that he was very happy to launch the store in his rural assembly constituency which was providing jobs to nearly 2,000 youth. He said that Telangana government’s ease of doing business policy was attracting businessmen and industrialists all over the world, he added.

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