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

Raunak Saha by Raunak Saha
May 11, 2023
in Technology
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Walmart CEO says India's diverse supplier ecosystem is key to achieving the $10 billion export

In picture L to R: Kalyan Krishnamurthy, CEO, Flipkart Group; Doug McMillon, President and CEO, Walmart Inc.; Judith McKenna, President and CEO, Walmart International; Sameer Nigam, Founder and CEO, PhonePe; Andrea Albright, Executive Vice President, Sourcing at Walmart; and Suresh Kumar, Global CTO and CDO, Walmart Inc.

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.

Walmart CEO says India's diverse supplier ecosystem is key to achieving the $10 billion export
Doug McMillon, President and CEO, Walmart Inc

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.

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Walmart CEO says India's diverse supplier ecosystem is key to achieving the $10 billion export
Walmart CEO says India's diverse supplier ecosystem is key to achieving the $10 billion export
Walmart CEO says India's diverse supplier ecosystem is key to achieving the $10 billion export
Doug McMillon, President and CEO, Walmart Inc. and Judith McKenna, President and CEO, Walmart International met with sellers, merchants, grantees, artisans and MSMEs from Walmart Vriddhi, Flipkart and Flipkart Samarth, Walmart Sourcing, PhonePe, Walmart Marketplace, Walmart Global Tech in India, and Walmart Foundation during an event on May 9

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.

Walmart CEO says India's diverse supplier ecosystem is key to achieving the $10 billion export
Judith McKenna¸ President and CEO, Walmart International

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.

Tags: FlipkartPhonePeWalmart
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