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Unique ecosystem of suppliers to help exports from India: Walmart CEO

by Blitz India Media
May 23, 2023
in News
0
sustainable-development

Team Blitz India

NEW DELHI: Retail giant Walmart has said that India’s unique ecosystem of suppliers will help the company in achieving its goal of exporting goods worth USD 10 billion from the country annually by 2027.

Addressing Indian suppliers and partners, Walmart Inc President and CEO Doug McMillon reaffirmed the roadmap for strengthening partnerships with Indian communities, expanding opportunities for Indian businesses and fostering transformative and innovative solutions for retail from India to the world.

India’s unique ecosystem of suppliers will help power Walmart’s goal of exporting goods worth USD 10 billion from India annually by 2027, according to a statement carried by national media on May 11.

“Walmart is committed to India and we are here for the long term. We are excited about the Indian suppliers and partners who make quality, affordable, and sustainable products for our customers and members around the world.
“We are proud that our business can support India’s growth by creating jobs, strengthening communities, and accelerating India’s progress as a manufacturing destination,” he said in a statement.

In December 2020, the retailer announced to triple its exports of goods from India to USD 10 billion each year by 2027, endorsing India’s continuing rise as a global hub of manufacturing.

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