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Walmart firm on raising India sourcing to $10 bn by 2027

Business Standard

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June 25, 2025

Global retail giant Walmart on Tuesday reaffirmed its commitment to increasing annual sourcing from India to $10 billion by 2027.

- AKSHARA SRIVASTAVA

Walmart firm on raising India sourcing to $10 bn by 2027

"I have been coming to India for a long time now and over the years you can see how the story is unfolding — broadening and becoming much more interesting. Earlier, we were sourcing products from only some limited categories, but our sourcing business has grown a lot and now we have this goal of getting to $10 billion a year," Doug McMillon, president and chief executive officer at Walmart Inc.

McMillon was speaking at a showcase of the company's many businesses in India during his two-day trip to the country, highlighting its growth story, covering exports, digital innovation, building inclusive supply chains and empowering communities.

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