Walmart Is Committed To India & Here For Long Term, Says CEO Doug McMillon

World's leading retailer Walmart Inc reinforced its continued commitment to India and to achieve company's goal of sourcing $10 billion of India-made goods each year by 2027, asserted its president and Chief Executive Officer (CEO) Doug McMillon. It will include building an ecosystem of suppliers and partners and small and medium enterprises, according to a report published in Business Standard.

Doug McMillon and other Walmart leaders including Judith McKenna, President and CEO, Walmart International, is on a visit to India. They were in Bengaluru on Tuesday to identify progress made by Walmart entities Flipkart, Global Tech, and PhonePe as well as its supplier and grantee partners in the country, added the Business Standard report.

"Walmart is committed to India and we are here for the long term," said McMillon. "This country has a bright future."

At a company event, McMillon and McKenna met a cross-section of suppliers, merchants, grantees, artisans, and MSMEs across key India programmes and initiatives. These include Walmart Sourcing, Walmart Vriddhi, Flipkart and Flipkart Samarth, PhonePe, Walmart Marketplace, Walmart Global Tech in India, and the Walmart Foundation.

"We are excited about the Indian suppliers and partners who make quality, affordable, and sustainable products for our customers and members around the world," said McMillon. "We are proud that our business can support India's growth by creating jobs, strengthening communities, and accelerating India's progress as a manufacturing destination."