Metro’s biz plan for India on right track: Official

Despite the complicated FDI rules and regulations in India,Germany-based Metro AG says it is well-positioned in the country and on the right track with regard to its expansion plans.

“We were the first international self-service wholesaler to enter the Indian market. We have gathered enough experience to run the cash-and-carry business in India and feel that we are on the right track with regard to expansion,” Metro’s Customer Management Director (India),Ajay Sheodaan,said in an e-mail interaction.

The world’s third largest retailer,which entered India in 2003,has so far opened five outlets across Bangalore,Mumbai,Hyderabad and Kolkata and has recently signed an MoU of Rs 900-crore with the Punjab Government to open six more centres in that state.

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“So far,we have signed an MoU of Rs 900-crore with the Punjab Government to open six cash-and-carry outlets in that state. These are in the pipeline,” Sheodaan said.

In comparison with Metro,industry leader US-based Wal-mart in a joint venture with Bharti Retail,has opened only one outlet so far in Amritsar whereas French-player Carrefour is still in talks with some domestic retail giants to start its operations.

In this screengrab from a video posted on Sept. 4, 2025, Prime Minister Narendra Modi addresses the gathering during a meeting with National Awardee Teachers at his official residence, in New Delhi. (@NarendraModi via PTI Photo)

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