कोशिश गोल्ड - मुक्त
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।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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Impetus for science amidst a global churn
The relentless rise of technologies pervades every aspect of human life today, and Artificial Intelligence (AI) is its enforcer. From manufacturing to services, from nano-materials to space travel, from new chemistry to biotechnology, the pace of this rise is frenetic. There are two extreme ways—and a few in between—for countries to address this rise. The first is to be a passive user and play with markets, services, and exports of natural resources, including human talent. The second is to become a truly competitive player in this changing world, and to tilt the use of science and technology for our social and economic benefit. Budget allocations can help in pointing out the direction.
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