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Walmart firm on raising India sourcing to $10 bn by 2027
Business Standard
|June 25, 2025
Global retail giant Walmart on Tuesday reaffirmed its commitment to increasing annual sourcing from India to $10 billion by 2027.
"I have been coming to India for a long time now and over the years you can see how the story is unfolding — broadening and becoming much more interesting. Earlier, we were sourcing products from only some limited categories, but our sourcing business has grown a lot and now we have this goal of getting to $10 billion a year," Doug McMillon, president and chief executive officer at Walmart Inc.
McMillon was speaking at a showcase of the company's many businesses in India during his two-day trip to the country, highlighting its growth story, covering exports, digital innovation, building inclusive supply chains and empowering communities.
This story is from the June 25, 2025 edition of Business Standard.
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