Metro to fast-track India expansion, plans 50 stores by 2020.

Germany's Metro Group plans to triple the number of wholesale stores in India to 50 by 2020, identifying the country as one of its key growth markets.

Metro will renew its expansion drive for India where its sales division, Metro Cash & Carry, has been active since 2003, the group said in a statement.

India will now become one of the key expansion countries at the German trade group. At present, Metro runs 16 distribution centres in 12 cities across India, it added.

TOI