U.K, Dec. 14 -- Walmart has announced that it will triple its exports of goods from India to US$10bn each year by 2027, in a major endorsement of India's continuing rise as a global hub of manufacturing. Walmart's new export commitment is expected to provide a significant boost to micro, small and medium-sized enterprises (MSMEs) in India, alongside ongoing efforts such as its Flipkart Samarth and Walmart Vriddhi supplier development programs. The expansion in sourcing will include helping develop hundreds of new suppliers in categories such as food, pharmaceuticals, consumables, health & wellness and general merchandise, along with apparel, homeware and other key Indian export categories.
Value Chain Creation
Doug McMillon, President and ...