Walmart To Open 2 Wholesale Stores In Andhra Pradesh, Punjab

NEW DELHI:  Continuing with its measured expansion of wholesale stores in India, US retail giant Walmart plans to open two more outlets -- in Visakhapatnam, Andhra Pradesh and Ludhiana, Punjab.

"We recently received all internal approvals for opening two new cash-and-carry stores in India -- one in Vizag in Andhra Pradesh and second one in Ludhiana, our second store in the city in Punjab," Walmart India President and CEO Krish Iyer said in a statement.

A team is working towards procuring all relevant licenses and permits in order to launch the stores on time, he added.

The company, however, hasn't specified a date for opening the two new stores.

The upcoming store in Visakhapatnam will be the fourth Best Price Modern Wholesale store in Andhra Pradesh and Ludhiana will be Walmart India's sixth store in Punjab.

Best Price stores in Andhra Pradesh are based in Guntur, Rajahmundry and Vijaywada , while in Punjab, Best Prices are in Amritsar, Bhatinda, Jalandhar, Ludhiana and Zirakpur.
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