Walmart has hit a major milestone, surpassing $30 billion in goods sourced from India over the past 20 years. This achievement underscores the retailer’s commitment to the Indian market. Aiming higher, Walmart now aims to triple its annual sourcing from to $10 billion by 2027.

Walmart not only focuses on dollars and cents but also emphasises on building a strong ecosystem with Indian suppliers, fostering partnerships and nurturing diversity in their global supply chain. This includes supporting Micro, Small, and Medium Enterprises (MSMEs) through training initiatives, recognizing their potential to contribute to India's economic growth.

Walmart’s flagship MSME initiaitive, Walmart Vriddhi has already trained over 50,000 individuals, exceeding its initial target. This commitment to upskilling and empowering Indian businesses is a testament to their long-term vision in the country.

Doug McMillion, CEO, Walmart CEO and Kathryn McLay, President, Walmart International, say. India is a strategic market with a favorable ecosystem and infrastructure. Walmart aims to source $10 billion annually by 2027, making it their only international market with such a significant sourcing objective.