Walmart has aggressive plans for India

Walmart has aggressive plans for India with major investment in key areas such as sourcing, farmer training, education and women economic empowerment, its global chief executive David Cheesewright said on Friday.

"India is an important market for us. Walmart is committed to this country and the market for long term," Cheesewright, who is on his maiden visit to India, said in a statement.

"We are committed to partnering in India's economic growth by enabling the right ecosystem for B2B e-commerce through investments in people, technology and supply chain.

The Agra B2B e-commerce launch is a step towards the same," he added.

The business-to-business e-commerce platform for wholesale in Agra, marks the 16th store to go online, Walmart said.

Cheesewright has just concluded a productive outing in Hyderabad where he met chief ministers of Andhra Pradesh and Telangana.

The Andhra Pradesh government has agreed to set up a taskforce to source agriculture commodities from farmers, increase productivity and improve capacity building in the agriculture sector with Walmart executives and Vijay Kumar, special chief secretary (agriculture).

The Telangana government has welcomed Walmart's proposal to set up four outlets in Hyderabad and some more in other districts.