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Walmart Reaffirms $10 Billion India Procurement Target
Hindustan Times Ranchi
|June 25, 2025
Walmart Inc.'s president and chief executive, Doug McMillon, reiterated the importance of the Indian market on Tuesday.
NEW DELHI:
"We appreciate the long-standing relationship that we've had with the country," he said at a Walmart event in New Delhi.
The world's largest retailer, which started with sourcing operations from India over two decades ago, now participates in India's growing $70 billion e-commerce market via its controlling stake in Flipkart.
McMillon, who is in India for a two-day visit, said the company is looking to step up local sourcing from India to $10 billion every year for its international business. It promised to triple its exports of goods from India to $10 billion each year by 2027 in 2020 also.
यह कहानी Hindustan Times Ranchi के June 25, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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