Metro C&C has the last laugh; eventually gets APMC licence

www.indiaretailbiz.com 11 October 2008

Metro C&C, the Indian cash and carry subsidiary of global German retail giant Metro AG, after protracted political battles between ruling Left Front constituents CPI (M) and All India Forward Bloc (AIFB) in West Bengal, got the third renewal for APMC licence.

All traders desirous of dealing in agri-products are required to obtain APMC licence from the Agriculture Promotion and Marketing Corporation, which in the state is currently under the control of AIFB.

Metro is currently operating four cash and carry stores, in Bangalore (2), Hyderabad (1), and Mumbai (1).

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