Walmart Sheds Light on India’s Manufacturing and Supplier Network Expansion
Walmart is continuing to make strides in its India market, expanding its ecosystem of suppliers and continuing to build out manufacturing efforts. Walmart Inc., CEO Doug McMillon recently joined the company’s international CEO Judith McKenna and other Walmart execs to talk strategy and meet with key stakeholders across the area’s supply chain network.
The company touched on several key Indian programs and initiatives that cover a wide area of business such as e-commerce, wholesale, logistics, payments, and more, including Walmart Sourcing, Walmart Vriddhi, Flipkart and Flipkart Samarth, PhonePe, Walmart Marketplace, Walmart Global Tech in India, and the Walmart Foundation.
[Also read: Walmart Invests in Store Fulfillment, Elevates Omnichannel Experience]
A theme emerged across some of the individual supply chain efforts highlighted: opportunity.
- Supplier Mrs. Bector's Food Specialty Ltd. is now sold in over 23 states through 550,000 outlets in India via Walmart’s partnership.
- Entrepreneur Vrinda Khurana, owner of Chandan Textiles, is leveraging Walmart’s free training program to help expand their reach, apply e-commerce optimization tools and tactics, elevate inventory management, and improve advertising and marketing.
- Flipkart seller Glide Route Ventures LLP has become a bestseller on the e-commerce platform. The company has grown from five brands to over 40 beauty and cosmetic brands.
- Seller of home textile products The Trident Group was named a leader in sustainability as a “Giga Guru,” helping drive Project Gigaton, Walmart’s initiative to reduce emissions in the global value chain by one billion metric tons by 2030.
McMillon said the company expects to expand its exports of “Made in India” products to $10 billion each year by 2027.
“We are committed to India and are here for the long term. I was excited to meet with the diverse Indian ecosystem of suppliers, small and medium enterprises, merchants, and partners who are innovating and driving growth and opportunities,” said McMillon in a statement.
