India as a Strategic Sourcing Market: Walmart's Billion-Dollar Ambition
Bentonville, woensdag, 25 juni 2025.
Walmart unveils an ambitious growth strategy for global procurement from India, with a concrete objective of sourcing 10 billion dollars worth of goods annually by 2027. CEO Doug McMillon emphasises the increasing economic significance of India as a sourcing market and the broader supply chain diversification. The plan encompasses not only procurement but also the empowerment of micro, small, and medium enterprises via the Walmart Vriddhi programme. This strategy reflects Walmart’s long-term vision for the Indian market, focusing on digital innovation, inclusive supply chains, and community development. With already over 30 billion dollars in purchases from India, Walmart demonstrates its commitment to this rapidly growing economy.
Walmart’s Strategic Expansion in India
Walmart has announced an ambitious growth strategy for global sourcing from India, with the aim of sourcing 10 billion dollars worth of goods annually by 2027. The company has already imported more than 30 billion dollars in goods from India, underscoring the strong historical connection with this growing economy [1][2].
Multi-Year Presence and Development
The company has been active in India for over two decades, with its first sourcing office established in Bengaluru in 2002. In 2018, Walmart acquired a controlling 77% stake in Flipkart, the local e-commerce platform, and also gained control of the digital payment solution PhonePe [3][4].
Empowerment of Local Enterprises
Through the Walmart Vriddhi programme, the company supports micro, small, and medium enterprises (MSMEs) in India. To date, over 70,000 MSME businesses have been trained, with plans to support an additional 100,000 enterprises in the next three years [5][6].
Future Vision and Innovation
CEO Doug McMillon emphasises the growing significance of the Indian market, with a focus on digital innovation, inclusive supply chains, and community development. Walmart’s total revenue reached 681 billion in 2024-2025, demonstrating the scale of the enterprise [7][8].