Wednesday 13 May 2015

Metro AG plans to invest Rs. 400 crore for expansion in India: Reports

The company is planning to raise the fund from its parent company through equity infusion, says report. 

According to the report, Metro AG is planning to invest Rs. 400 crore to increase number of its wholesale stores in India.

 The company is planning to raise the fund from its parent company through equity infusion, says report. 

Metro has 16 outlets and it plans to increase the count to 50 by 2020.

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