Wholesale. Metro AG explores the future of its Indian subsidiary

Publication

27 January 2022 à 14h08

Updated on 28 January 2022 à 17h37

Reading time

2 minutes

Publication: 27 January 2022 à 14h08, Updated on 28 January 2022 à 17h37

Reading time: 2 minutes

In India, the German Metro AG is weakened by the brazen disruption of the pure-players JioMart (Reliance Retail) and Udaan.

Publication

27 January 2022 à 14h08

Updated on 28 January 2022 à 17h37

Reading time

2 minutes

Publication: 27 January 2022 à 14h08, Updated on 28 January 2022 à 17h37

Reading time: 2 minutes

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Metro AG is in trouble in India, a wholesale market par excellence. Bain & Company is advising on the future of Indian operations within 2 to 3 months.

The business has been operating in India since 2003, with 30 cash & carry stores and an e-commerce site. Metro achieved the equivalent of €765 million in sales last year (fiscal year ending September 2021), up 4% in local currency. Now the Indian subsidiary needs significant capex from headquarters. According to The Economic Times, its...

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