India a Huge Opportunity in Ecom: Walmart Exec

McLay Says Firm Is Investing in Emerging Areas Like Qcom

- PEERZADA ABRAR

Walmart Inc. is betting on India, Mexico, and China to drive the next phase of its international expansion, with a particular focus on scaling up e-commerce and omnichannel capabilities in these fast-growing markets.

The retail giant sees these regions as strategic priorities within its global portfolio, according to Kathryn McLay, president and chief executive, Walmart International. The division oversees the Bentonville-based retailer's operations outside the United States (US), including global online platforms.

McLay noted India, home to 1.4 billion people, represented a major opportunity in e-commerce. India's internet economy is estimated to reach $1 trillion by 2030, primarily due to e-commerce. Yet online penetration remains relatively low, at just 9 percent, highlighting the headroom for growth.