On track to reach $10-bn sourcing goal: Walmart

Doug McMillon on Tuesday reaffirmed the company's commitment to increase annual sourcing from India to $10 billion by 2027, stating it is actively working with suppliers to meet this ambitious target.

- RAGHAV AGGARWAL

WALMART CHIEF EXECUTIVE The move comes as the US retail giant looks to expand its export base from the country.

During his second visit to India in less than 18 months, McMillon said that India is a key pillar in the retailer's global supply chain.

"Over the years, the growth story of India is unfolding, and it's really broadening and becoming much more interesting," he said.