Walmart’s Judith McKenna meets Piyush Goyal to discuss local sourcing norms

NEW DELHI: Walmart International President and CEO Judith McKenna has met Commerce and Industry Minister Piyush Goyal to discuss local sourcing norms for the domestic market.

“Minister @PiyushGoyal met president & CEO of Walmart International, Judith McKenna and discussed local sourcing and boosting sales of ‘Made in India’ products, which will benefit local businesses and the overall domestic market,” a tweet by the minister’s office has said on Wednesday.

The meeting assumes significance as the government has proposed in the Budget to relax these norms for foreign direct investment (FDI) in single brand retail trading.