Walmart CEO Doug McMillon in India to discuss strategy to take on Amazon

Doug McMillon, the president and chief executive officer (CEO) of world’s largest retailer Walmart Inc, is on a crucial visit to India, especially to the headquarters of Flipkart in Bengaluru to assess the progress made by the home-grown e-commerce giant.

In May last year, Walmart paid a whopping $16 billion to acquire around 77 per cent stake in Flipkart, a transaction that valued the e-commerce firm for over $20 billion.

“He (McMillon) would be visiting the Flipkart campus and would be meeting the employees,” said a person.