Metro Cash & Carry to invest Rs 650 cr in Haryana
Germany's wholesale trading company, Metro Cash and Carry has evinced interest to invest Rs 650 crore in Haryana.
By PTI |
CHANDIGARH: Germany's wholesale trading company, Metro Cash and Carry has evinced interest to invest Rs 650 crore in Haryana.
Metro Group, International Affairs Vice President Henry O.E. Birr called on Haryana Chief Minister Bhupinder Singh Hooda today on the issue, an official spokesman said.
The multinational company was also engaged in sorting, packaging, imparting training.
Henry said land had been identified for constructing warehousing at Kundli, Gurgaon, Faridabad and Panchkula.
The chief minister suggested the company invest in fisheries and hatcheries in Haryana as the state is the second largest producer of inland fish.
Hooda said the Haryana Government was promoting contract farming and thrust was being laid on diversification of crops so that farmers could get remunerative prices of their produce.
The Cash and Carry company had already invested in five states of the country including Karnataka, Andhra Pradesh, West Bengal, Maharashtra and Tamil Nadu.
In Karnataka, Andhra Pradesh, they were imparting training to the farmers and in Tamil Nadu and in Maharashtra they were training to fisherman to encourage fish farming.
Company's Head Corporate Affairs Vishal Sehgal said they would purchase the agricultural produce from the farmers directly and to sell the same to the customers, hotels, restaurants, caterers, small businessmen, retailers and traders.
Metro Group, International Affairs Vice President Henry O.E. Birr called on Haryana Chief Minister Bhupinder Singh Hooda today on the issue, an official spokesman said.
The multinational company was also engaged in sorting, packaging, imparting training.
Henry said land had been identified for constructing warehousing at Kundli, Gurgaon, Faridabad and Panchkula.
The chief minister suggested the company invest in fisheries and hatcheries in Haryana as the state is the second largest producer of inland fish.
Hooda said the Haryana Government was promoting contract farming and thrust was being laid on diversification of crops so that farmers could get remunerative prices of their produce.
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The Cash and Carry company had already invested in five states of the country including Karnataka, Andhra Pradesh, West Bengal, Maharashtra and Tamil Nadu.
In Karnataka, Andhra Pradesh, they were imparting training to the farmers and in Tamil Nadu and in Maharashtra they were training to fisherman to encourage fish farming.
Company's Head Corporate Affairs Vishal Sehgal said they would purchase the agricultural produce from the farmers directly and to sell the same to the customers, hotels, restaurants, caterers, small businessmen, retailers and traders.
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