Walmart's India Push

Working with suppliers to reach $10 bn sourcing from India: Walmart CEO

US-based retail giant Walmart is working with suppliers in India to meet its target of sourcing USD 10-billion goods from India for its operations worldwide, its global CEO Doug McMillon said here on Tuesday. Walmart has increased sourcing from India over the years, and it is excited with the progress made, he said. "....over the years, you can see how the story is unfolding, and it's really broadening and becoming much more interesting," he said. In December 2020, the Bentonville-headquartered retail giant announced a goal to source USD 10-billion products from India by 2027, aiming to boost exports in apparel, food, toys, and other categories. "At the beginning, we were sourcing products here with limited categories, but we were excited to get started... look what's happened in our sourcing business. "It's grown a lot, and now we have this goal of getting to USD 10 billion a year, which is a really big number, and together with the supplier community, we're working to achieve th

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