Walmart, the multinational retail hypermarket, has disclosed that it has procured goods worth over $30 billion from the Indian market over the past 25 years for its global operations. The company now aims to triple its sourcing from India to $10 billion annually by 2027.
Walmart sees India as a strategic market due to its favorable ecosystem and infrastructure, aiming to source USD 10 billion in exports annually by 2027, making it the only market aside from the US with such a sourcing objective. The retail giant aims to provide global market access to Indian manufacturers, recognizing the demand for unique products globally. Partnerships with Indian companies like Hero Ecotech, Mrs Bector s Food, and Welspun have already proven successful, the company said.
This Is How Much Walmart s Top Executives Made in 2023 247wallst.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 247wallst.com Daily Mail and Mail on Sunday newspapers.
Is a brand new, improved version of Sam s Club coming to Florida? gulflive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulflive.com Daily Mail and Mail on Sunday newspapers.