Tripling India sourcing to $10 bn a year by 2027: Walmart Int'l CEO

Judith McKenna said the Covid-19 pandemic highlighted the importance of Walmart's flexible, agile and diversified global supply chain

Walmart, the world’s largest retailer, is tripling its sourcing from India to about $10 billion a year by 2027, said Judith McKenna, president, and chief executive officer of Walmart International, the segment which includes the company’s operations outside the US.

“To achieve this, we are growing our sourcing team in India,” said McKenna, during a fireside chat with YourStory Founder Shradha Sharma at Converge@Walmart, the flagship event of Walmart Global Tech India. “Walmart has a 20-year history of sourcing from India and already exports more than $3 billion worth of Made-in-India goods each year to 14 markets worldwide.”

McKenna said