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The Print
26-06-2025
- Business
- The Print
Walmart Inc leadership meets Prime Minister Narendra Modi
The team is on a two-day visit to the country. McMillon, on his second visit to India in less than 18 months, discussed Walmart's growing partnership with India, the company said in a post on X. New Delhi, Jun 26 (PTI) The leadership of Walmart Inc led by its President and CEO Doug McMillon met Prime Minister Narendra Modi and discussed the US-based retail giant's growing partnership with India. The CEO discussed Walmart's growing partnership with India, which includes Flipkart, PhonePe, Walmart Global Tech and Walmart Sourcing, in his meeting with Modi, which took place on Tuesday. This is the fourth meeting between Prime Minister Modi and McMillon over the last few years. McMillon has visited India multiple times since becoming the CEO of the Bentonville-headquartered retail giant in 2014. 'Thank you, Honourable PM @narendramodi for a valuable meeting. We are excited by your vision and proud to support by partnering to achieve our $10b annual exports goal and investing in innovation through Flipkart & PhonePe. India remains central to our strategy,' said McMillon on Walmart Inc's X account on Thursday. Besides McMillon, Walmart board member Steuart Walton and Walmart International President & CEO Kath McLay were also there. Steuart is from the Walton family, which founded Walmart. He is the grandson of Sam Walton, the founder of Walmart. This is the first time someone from the Walmart owner family Walton, is meeting the prime minister. McLay is President & CEO, Walmart International, which operates outside the US markets in 18 countries, including India. Walmart has commitment to sourcing USD 10 billion worth of goods from the country. PTI KRH ` HVA This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Time of India
26-06-2025
- Business
- Time of India
Walmart Inc leadership meets Prime Minister Narendra Modi
Walmart CEO Doug McMillon met Prime Minister Narendra Modi to discuss the company's expanding partnership with India, including Flipkart, PhonePe, and Walmart Global Tech. McMillon highlighted Walmart's commitment to $10 billion in annual exports and innovation investment, with board member Steuart Walton and CEO Kath McLay also attending. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The leadership of Walmart Inc led by its President and CEO Doug McMillon met Prime Minister Narendra Modi and discussed the US-based retail giant's growing partnership with on his second visit to India in less than 18 months, discussed Walmart's growing partnership with India, the company said in a post on team is on a two-day visit to the CEO discussed Walmart's growing partnership with India, which includes Flipkart , PhonePe, Walmart Global Tech and Walmart Sourcing, in his meeting with Modi, which took place on is the fourth meeting between Prime Minister Modi and McMillon over the last few has visited India multiple times since becoming the CEO of the Bentonville-headquartered retail giant in 2014."Thank you, Honourable PM @narendramodi for a valuable meeting. We are excited by your vision and proud to support by partnering to achieve our $10b annual exports goal and investing in innovation through Flipkart & PhonePe. India remains central to our strategy," said McMillon on Walmart Inc's X account on McMillon, Walmart board member Steuart Walton and Walmart International President & CEO Kath McLay were also is from the Walton family, which founded Walmart. He is the grandson of Sam Walton, the founder of is the first time someone from the Walmart owner family Walton, is meeting the prime is President & CEO, Walmart International, which operates outside the US markets in 18 countries, including has commitment to sourcing USD 10 billion worth of goods from the country. PTI
India.com
25-06-2025
- Business
- India.com
Bad news for India, this foreign company no longer interested to open…, but working with suppliers on Rs 860720010000…
Walmart President and CEO Doug McMillon, in an interview with TOI, stated that the company is no longer focused on the brick-and-mortar retail business in India. McMillon explained, 'That's not something we are pursuing. We've learned that it's very challenging. Instead, we're thrilled to have invested in Flipkart.' Walmart CEO Doug McMillon, on his second visit to India in less than 18 months, on Tuesday reiterated the company's commitment to sourcing USD 10 billion worth of goods from the country, saying the retail giant is actively working with local suppliers to meet this target by 2027. McMillon, who has visited India multiple times since becoming the CEO of the Bentonville-headquartered retail giant, said Walmart has increased sourcing from the country over the years, and it is excited with the progress made. 'I have been coming to India for a long time now, many years, and I have made many trips, and what goes through my mind is that there is a story developing that is a bit like a movie,' McMillon said. 'Over the years, the growth story of India is unfolding, and it's really broadening and becoming much more interesting,' he said. In December 2020, Walmart had announced a goal to source USD 10-billion products from India by 2027, aiming to boost exports in apparel, food, toys, and other categories. 'At the beginning, we were sourcing products here with limited categories, but we were excited to get started… look what's happened in our sourcing business. 'It's grown a lot, and now we have this goal of getting to USD 10 billion a year, which is a really big number, and together with the supplier community, we're working to achieve that,' he said. McMillon, who is on a two-day India tour, also had a walk-through here that highlighted Walmart's India growth story, covering exports, digital innovation, building inclusive supply chains and empowering communities. Besides, he interacted with some of the sellers, who were trained under its supplier development programme, Walmart Vriddhi. On its e-commerce arm Flipkart and digital payments solution PhonePe, McMillon said, 'What our teams have done to grow those businesses over the years has been inspiring.' 'We are really learning a lot from those businesses, the ability to innovate, the ability to move with speed, the ability to serve more and more customers, to develop sellers, to build an e-commerce marketplace, business that has just a really bright future and the chance to create a lot of opportunities for everyone,' he added. On PhonePe, McMillon said the financial services businesses, already reaches a lot of people 'and helps us make things more efficient easier'. 'We are very proud of what's happening with the small business… I'm really excited to hear about the work that's happening with agriculture,' he said. Last year, Walmart said it had sourced goods worth over USD 30 billion from the Indian market in the last two decades for its global operations. Walmart is in India for over two decades. Walmart Global sourcing set up office in Bengaluru in 2002, enabling Indian manufacturers to export to the US, Canada, Mexico, central America, and the UK, supplying products to Walmart stores. (With Inputs From PTI)
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Business Standard
24-06-2025
- Business
- Business Standard
Working with suppliers to reach $10 bn sourcing from India: Walmart CEO
Last year, Walmart said it had sourced goods worth over $30 billion from the Indian market in the last two decades for its global operations Press Trust of India New Delhi US-based retail giant Walmart is working with suppliers in India to meet its target of sourcing $10-billion goods from India for its operations worldwide, its global CEO Doug McMillon said here on Tuesday. Walmart has increased sourcing from India over the years, and it is excited with the progress made, he said. "....over the years, you can see how the story is unfolding, and it's really broadening and becoming much more interesting," he said. In December 2020, the Bentonville-headquartered retail giant announced a goal to source $10-billion products from India by 2027, aiming to boost exports in apparel, food, toys, and other categories. "At the beginning, we were sourcing products here with limited categories, but we were excited to get started... look what's happened in our sourcing business. "It's grown a lot, and now we have this goal of getting to $10 billion a year, which is a really big number, and together with the supplier community, we're working to achieve that," he said. McMillon, who is on a two-day India tour, also had a walk-through here that highlighted Walmart's India growth story, covering exports, digital innovation, building inclusive supply chains and empowering communities. Besides, he interacted with some of the sellers, who were trained under its supplier development programme, Walmart Vriddhi. On its e-commerce arm Flipkart and digital payments solution PhonePe, McMillon said, "What our teams have done to grow those businesses over the years has been inspiring." "We are really learning a lot from those businesses, the ability to innovate, the ability to move with speed, the ability to serve more and more customers, to develop sellers, to build an e-commerce marketplace, business that has just a really bright future and the chance to create a lot of opportunities for everyone," he added. On PhonePe, McMillon said the financial services businesses, already reaches a lot of people "and helps us make things more efficient easier". "We are very proud of what's happening with the bumblebee business... I'm really excited to hear about the work that's happening with agriculture," he said. Last year, Walmart said it had sourced goods worth over $30 billion from the Indian market in the last two decades for its global operations. Walmart is in India for over two decades. Walmart Global Sourcing set up office in Bengaluru in 2002, enabling Indian manufacturers to export to the US, Canada, Mexico, central America, and the UK, supplying products to Walmart stores. Earlier this month, Walmart said it is connecting with one lakh more micro, small, and medium enterprises (MSMEs) in the next three years in its supplier development programme in India, Walmart Vriddhi. Through its Vriddhi initiatives, Walmart is empowering the Indian MSMEs with critical business skills and market access, which has helped them to scale their business sustainably and contribute to India's economic growth story. Launched in 2019, Walmart Vriddhi has trained over 70,000 MSMEs so far by enabling access to digital commerce, personalised mentorship and strategic partnerships. Encouraged by the success of Vriddhi initiatives in India, Walmart has launched similar supplier development initiatives in Mexico (Crece con Walmart) and its home turf, the US (Grow with US).
Time of India
24-06-2025
- Business
- Time of India
Working with suppliers to achieve target of $10-bn sourcing from India: Walmart CEO
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel US-based retail giant Walmart is working with suppliers in India to meet its target of sourcing USD 10-billion goods from India for its operations worldwide, its global CEO Doug McMillon said here on has increased sourcing from India over the years, and it is excited with the progress made, he said."....over the years, you can see how the story is unfolding, and it's really broadening and becoming much more interesting," he December 2020, the Bentonville-headquartered retail giant announced a goal to source USD 10-billion products from India by 2027, aiming to boost exports in apparel, food, toys, and other categories."At the beginning, we were sourcing products here with limited categories, but we were excited to get started... look what's happened in our sourcing business."It's grown a lot, and now we have this goal of getting to USD 10 billion a year, which is a really big number, and together with the supplier community, we're working to achieve that," he who is on a two-day India tour, also had a walk-through here that highlighted Walmart's India growth story, covering exports, digital innovation, building inclusive supply chains and empowering he interacted with some of the sellers, who were trained under its supplier development programme, Walmart Vriddhi On its e-commerce arm Flipkart and digital payments solution PhonePe, McMillon said, "What our teams have done to grow those businesses over the years has been inspiring.""We are really learning a lot from those businesses, the ability to innovate, the ability to move with speed, the ability to serve more and more customers, to develop sellers, to build an e-commerce marketplace, business that has just a really bright future and the chance to create a lot of opportunities for everyone," he PhonePe, McMillon said the financial services businesses, already reaches a lot of people "and helps us make things more efficient easier"."We are very proud of what's happening with the bumblebee business... I'm really excited to hear about the work that's happening with agriculture," he year, Walmart said it had sourced goods worth over USD 30 billion from the Indian market in the last two decades for its global operations. Walmart is in India for over two Global Sourcing set up office in Bengaluru in 2002, enabling Indian manufacturers to export to the US, Canada, Mexico, central America, and the UK, supplying products to Walmart this month, Walmart said it is connecting with one lakh more micro, small, and medium enterprises (MSMEs) in the next three years in its supplier development programme in India, Walmart its Vriddhi initiatives, Walmart is empowering the Indian MSMEs with critical business skills and market access, which has helped them to scale their business sustainably and contribute to India's economic growth in 2019, Walmart Vriddhi has trained over 70,000 MSMEs so far by enabling access to digital commerce, personalised mentorship and strategic by the success of Vriddhi initiatives in India, Walmart has launched similar supplier development initiatives in Mexico (Crece con Walmart) and its home turf, the US (Grow with US).
