Walmart CEO says India’s diverse supplier ecosystem is key to achieving the $10 billion export

Walmart‘s leadership, including President and CEO Doug McMillon and President and CEO of Walmart International Judith McKenna, met with a diverse group of suppliers, merchants, grantees, artisans, and MSMEs across various programs and initiatives in India, including Walmart, Flipkart, and PhonePe.

India’s unique ecosystem of suppliers will help power Walmart’s goal of exporting goods worth $10 billion from India annually by 2027: Walmart CEO Doug McMillon

During the meeting, McMillon reiterated Walmart‘s commitment to India and building a strong network of suppliers and partners, including small and medium enterprises, to achieve the goal of sourcing $10 billion of India-made goods annually by 2027. Walmart’s roadmap includes strengthening partnerships with Indian communities, expanding opportunities for Indian businesses, and driving innovative solutions for retail from India to the world.

McMillon expressed excitement about India’s potential as the world’s fastest-growing economy and the quality, affordability, and sustainability of products made by Indian suppliers and partners. McKenna also expressed Walmart‘s continued commitment to creating opportunities, strengthening local communities, and empowering customers, sellers, suppliers, and farmers in India.

As a socially responsible organization committed to creating economic opportunities, enhancing long-term environmental sustainability, and strengthening local communities, Walmart continues to invest in various programs and initiatives to modernize and create local jobs in the country.

With a wholesale cash-and-carry business, eCommerce platforms, payments and financial services platforms, and logistics and supply chain capabilities, Walmart aims to build a holistic ecosystem that best serves Indian consumers, suppliers, producers, and retailers.