India represents one of the most dynamic opportunities in global commerce, from where it has sourced goods worth $40 billion so far, said US-based retail giant Walmart Inc President and CEO John Furner. Walmart, which had earlier announced to source goods from India worth up to $10 billion per year by 2027, is focusing on strengthening entrepreneur and supplier capabilities. "We have already sourced more than $40 billion in goods from India and are focused on strengthening entrepreneur and supplier capabilities, raising compliance and quality standards, and helping scale manufacturing so more Indian businesses are ready to export," said Walmart Inc President and CEO John Furner. Under its Vriddhi initiative, which is designed to support MSMEs in modernising, expanding, and reaching their domestic ambitions, the company has supported the growth of over 1.15 lakh entrepreneurs. It is helping them to raise their compliance and quality standards, and to scale manufacturing so more Indian b..
India represents one of most dynamic opportunities in global commerce: Walmart CEO
