Walmart’s $10 billion plan to export toys, shoes, bicycles from India

Walmart is planning to increase its exports from India to $10 billion by 2027 and is looking to source toys, shoes and bicycles from Indian suppliers. The company is also considering developing new suppliers in categories such as food, pharmaceuticals, consumables, health and wellness, and apparel and home textiles, according to a PTI report. An official from the firm recently held a virtual meeting with several domestic toy manufacturers and toy makers were, during the call, informed about their requirements and expected quality standards since the Bentonville-headquartered firm is directly engaging with the domestic toy makers for sourcing.

It was the DPIIT who brought Walmart and the toy association together, said the report. Confirming the development, a company spokesperson said, “Walmart’s growth in sourcing from India includes expanding working with existing suppliers and helping develop new suppliers in categories such as food, pharmaceuticals, consumables, health and wellness along with apparel and home textiles.