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Walmart looks to treble sourcing of goods from India to $10 billion a year

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. ....

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Walmart's sourcing from India crossed $30 billion in last 2 decades, ET Retail

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. ....

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