Walmart commits to increase exports from India to $10 billion by 2027

In an attempt to support Indian small and medium businesses and create jobs, Walmart on Thursday announced its commitment to export $10 billion worth of India-made goods each year by 2027.

The latest initiative will add to the US-based retailer’s existing programmes—Walmart Vriddhi supplier development and Flipkart Samarth that aim to help Indian MSMEs. While the Samarth scheme facilitates underserved communities like artisans, rural entrepreneurs and weavers to sell on Flipkart’s marketplace, the Vriddhi supplier programme equips MSMEs to supply to Walmart, Flipkart and other companies in India as well as around the world.