U.S.-based retail giant Walmart is ramping up its drive towards utilizing India to meet the $10 billion purchase of goods per year by 2027, as asserted by CEO Doug McMillon. In an interview McMillon discussed the company efforts in increasing its sourcing activities of the company which have increased heavily since it opened a source office in Bengaluru in 2002. During the last twenty years, Walmart has been procuring goods to the tune of more than thirty billion dollars in India regarding its international supply chain operation that includes apparel, food, toys, pharmaceutical and homewear categories.
To achieve this high goal, McMillon highlighted the collaboration with their Indian suppliers to make the journey a success, stressing the growth in the number of categories of products including the wide variety of items.“The growth story of India is unfolding, and it’s becoming much more interesting,” he said. This initiative which was announced in December 2020 is expected to support exports and enhance the position of India as part of Walmart supply chain globally.
Sourcing is not the only commitment of Walmart. In 2019, the company launched a program known as Vriddhi, through which it trains micro, small and medium enterprises (MSME) to enable them with digital commerce skills and exposed them to markets. By engaging 100,000 more MSMEs within nurturing three years, Walmart intends to connect with more MSMEs in the long run. McMillon also applauded the achievement of Flipkart, online payments service PhonePe and Walmart e-commerce operations because of their innovativeness and capability of serving millions of customers.
Also Read: India's Mobile Exports Surge 74% in May 2025
The better infrastructure and Production-Linked Incentive plans developed in India are some of the major factors why logistics costs have been reduced by 30-35 percent as explained by the Flipkart CEO, Kalyan Krishnamurthy. Through such moves, Walmart is making India an important export center that is helping in growth of economy and innovation in retail globally.
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