Walmart opens store in Vizag

[JANASENA]

VISAKHAPATNAM, OCTOBER 31

Walmart India opened its first "Best Price" store here on Wednesday. Andhra Pradesh Panchayat Raj and IT Minister N. Lokesh was the chief guest for the opening ceremony.

Krish Iyer, President and CEO of Walmart India, said that it was the fourth Walmart store in Andhra Pradesh and 23rd in the country. "It is the first in Vizag and we are planning to open another store in the city," he said.

He said the company had signed a MoU with the State Government to open 15 stores in the State and had so far opened four. "We are planning to open seven more in the State, including the second one here in Vizag. The six other locations are Tirupati, Kurnool, Vizianagaram, Kadapa, Kakinada, and Nellore. That adds up to 11, including the existing four. The remaining four locations have not yet been identified," he said.

He praised the Andhra Pradesh Government for giving all the clearances without any hassle. "AP ranks number one in ease of doing business. It is not mere ranking that counts. We are practically experiencing it," he added.

Krish Iyer said the company was spending roughly Rs 60-70 crore on each store and "our objective is to provide the best price to the farmers and supply the products to the consumers at cheap rates’’. He said each store would generate 2,000 jobs directly or indirectly and the local people would be given preference.

The AP Panchayat Raj Minister said Walmart should promote local brands from rural areas. "For instance, Naandi Foundation is promoting organic coffee from Araku valley in Visakhapatnam district. Walmart should encourage such brands and should focus on tribal farmers as well," he said.

[dasara_bullodu]

It will fcuk Vizag ...

[JANASENA]

6 minutes ago, dasara_bullodu said:

It will fcuk Vizag ...

y?

[Ram18]

india lo walmart is different no.. membership only kada

ye area lo ostondi 

[AndhraneedSCS]

these 2 stores probably won't harm Vizag but I am against big stores that can disrupt small merchants in some localities 

[JANASENA]

Just now, AndhraneedSCS said:

these 2 stores probably won't harm Vizag but I am against big stores that can disrupt small merchants in some localities 

I think ppl will still go to raithu bazaars.

[Odale]

 

[MiryalgudaMaruthiRao]

Thank you god pk 

[Idassamed]

52 minutes ago, MiryalgudaMaruthiRao said:

Thank you god pk 

Yw

[cellphone]

biryani pettinra leda ikea hyd lekka

[boeing747]

1 hour ago, AndhraneedSCS said:

these 2 stores probably won't harm Vizag but I am against big stores that can disrupt small merchants in some localities 

small merchants ki kuda too much disruption em undadu...minor dent aythe sure ga untadi but it will drive competetiveness. 

[boeing747]

2 minutes ago, cellphone said:

biryani pettinra leda ikea hyd lekka

walmart lo Ikea laga restaurant undadu ga baa...

[cellphone]

1 minute ago, boeing747 said:

walmart lo Ikea laga restaurant undadu ga baa...

but they sell some stuff like popcorn chicken, potato wedges, mac n cheese ila chala vuntai kitchen lo 

[TampaBangaram]

1 hour ago, JANASENA said:

VISAKHAPATNAM, OCTOBER 31

Walmart India opened its first "Best Price" store here on Wednesday. Andhra Pradesh Panchayat Raj and IT Minister N. Lokesh was the chief guest for the opening ceremony.

Krish Iyer, President and CEO of Walmart India, said that it was the fourth Walmart store in Andhra Pradesh and 23rd in the country. "It is the first in Vizag and we are planning to open another store in the city," he said.

He said the company had signed a MoU with the State Government to open 15 stores in the State and had so far opened four. "We are planning to open seven more in the State, including the second one here in Vizag. The six other locations are Tirupati, Kurnool, Vizianagaram, Kadapa, Kakinada, and Nellore. That adds up to 11, including the existing four. The remaining four locations have not yet been identified," he said.

He praised the Andhra Pradesh Government for giving all the clearances without any hassle. "AP ranks number one in ease of doing business. It is not mere ranking that counts. We are practically experiencing it," he added.

Krish Iyer said the company was spending roughly Rs 60-70 crore on each store and "our objective is to provide the best price to the farmers and supply the products to the consumers at cheap rates’’. He said each store would generate 2,000 jobs directly or indirectly and the local people would be given preference.

The AP Panchayat Raj Minister said Walmart should promote local brands from rural areas. "For instance, Naandi Foundation is promoting organic coffee from Araku valley in Visakhapatnam district. Walmart should encourage such brands and should focus on tribal farmers as well," he said.

Vizag lo ekkada ?

[Odale]

5 minutes ago, cellphone said:

biryani pettinra leda ikea hyd lekka