 Online edition of India's National Newspaper Thursday, Dec 04, 2008 ePaper | Mobile/PDA Version |
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KOLKATA: Metro Cash & Carry, the Indian arm of German wholesaler Metro AG, on Wednesday opened its first outlet here, nearly two months after the company was granted licence to sell farm commodities and other food items in West Bengal. Rs. 140 cr. investment“We have invested Rs. 140 crore in the region and also created 350 new jobs for local citizens,” Metro Cash & Carry India Managing Director Martin Dlouhy told reporters here. The company faced tough times earlier as Forward Bloc, a partner in the State’s Left Front government, which controls agriculture and agricultural marketing departments, opposed the renewal of the licence. None of the Forward Bloc members turned up for the inaugural ceremony though the company said it had invited them. Asked about this, Forward Bloc leader and Agriculture Marketing Board Chairman Naren Chatterjee told IANS that “We usually don’t go for any private company’s ceremony. There is no other reason apart from this for not attending the inauguration.” — IANS
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