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India a Huge Opportunity in Ecom: Walmart Exec
Business Standard
|May 30, 2025
McLay Says Firm Is Investing in Emerging Areas Like Qcom
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.
Dit verhaal komt uit de May 30, 2025-editie van Business Standard.
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