Walmart aims ₹86,030 crore yearly sourcing from India by 2027 says CEO Doug McMillon
K N Mishra
25/Jun/2025

What's covered under the Article:
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Walmart commits to sourcing ₹86,030 crore worth of goods from India annually by 2027.
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Walmart Vriddhi aims to onboard 1,00,000 more MSMEs, empowering India’s supplier network.
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CEO Doug McMillon highlights Flipkart, PhonePe, and inclusive growth in his India visit.
Walmart Inc., one of the world’s largest retail giants, has reaffirmed its commitment to sourcing goods worth ₹86,030 crore (US$ 10 billion) annually from India by the year 2027, according to its Chief Executive Officer and President Mr. Doug McMillon. This bold projection was made during his recent two-day visit to India, where he engaged extensively with suppliers, entrepreneurs, and ecosystem partners across multiple segments.
Mr. McMillon’s visit underscored the retail multinational’s long-standing strategic investment in India, which started over two decades ago when it set up its global sourcing hub in Bengaluru in 2002. Since then, Walmart has sourced products worth ₹2,58,090 crore (US$ 30 billion) from India, reflecting the country’s growing importance in the company’s global supply chain architecture.
Walmart’s Expanding India Footprint
During his visit, Mr. McMillon highlighted Walmart’s goal to scale its sourcing operations from India to ₹86,030 crore (US$ 10 billion) annually by 2027, stating that India is a key player in Walmart’s long-term growth strategy. The sourcing portfolio has diversified significantly over the years—from limited categories like home goods and textiles to a broad spectrum including apparel, processed foods, toys, electronics, and lifestyle products.
This Walmart sourcing from India initiative is aimed at leveraging India’s robust manufacturing base, entrepreneurial culture, and rising global competitiveness to support the company's customer offerings worldwide.
Empowering MSMEs through Walmart Vriddhi
A cornerstone of Walmart’s India strategy is the Walmart Vriddhi program, an MSME development platform launched in 2019. Since its inception, Walmart Vriddhi has trained over 70,000 micro, small, and medium enterprises (MSMEs) across India. The program equips Indian businesses with the tools, skills, and market access required to thrive in global supply chains.
Mr. McMillon announced that Walmart aims to onboard an additional 1,00,000 MSMEs over the next three years, reflecting the company’s focus on inclusive growth and supplier diversity. This initiative plays a pivotal role in boosting employment, enhancing competitiveness, and encouraging digitisation among small businesses in India.
The program aligns with the government’s focus on Make in India, Aatmanirbhar Bharat, and Digital India, helping Walmart meet its sourcing targets while supporting local enterprises.
Innovation, Exports, and India as a Strategic Hub
Mr. Doug McMillon visited key supplier facilities and interacted with businesses supported through Walmart’s export ecosystem. He emphasized how Indian suppliers are not just meeting Walmart’s sourcing demands, but also setting benchmarks in quality, innovation, and sustainability.
He praised the role of Walmart’s India-based digital ventures Flipkart and PhonePe, citing them as critical enablers of innovation, digital inclusion, and entrepreneurship. Both companies have been instrumental in expanding e-commerce access, enabling digital payments, and building inclusive retail ecosystems that serve both urban and rural India.
Flipkart, acquired by Walmart in 2018, has transformed online shopping in India, particularly among Tier 2 and Tier 3 cities. Meanwhile, PhonePe, a leading digital payment platform, has played a pivotal role in accelerating financial inclusion, aligning closely with India’s UPI-based payment model.
This integration of digital infrastructure, retail know-how, and MSME empowerment has reinforced Walmart’s confidence in India as a sourcing, innovation, and digital growth hub.
Global Supply Chain Resilience with India at the Centre
Walmart’s expanding sourcing footprint in India is a testament to the company’s resilience strategy amid global supply chain disruptions. By diversifying sourcing locations and empowering local suppliers, Walmart is not only de-risking its global operations but also embedding sustainability and agility into its procurement models.
Inspired by the success of Walmart Vriddhi in India, the company has replicated similar initiatives in Mexico and the United States, demonstrating the scalability and global relevance of India-led supply chain innovations.
India’s manufacturing strengths, skilled workforce, and policy support make it an ideal partner for companies seeking sustainable and long-term sourcing solutions. With programs like PLI (Production-Linked Incentive) and startup India support schemes, Walmart’s sourcing goals are well-supported by the current business environment.
A Collaborative Vision for Inclusive Growth
Mr. McMillon’s visit is seen as more than a corporate review—it’s a strategic endorsement of India’s role in the future of global retail. He met with local artisans, small manufacturers, tech entrepreneurs, and state-level stakeholders, discussing Walmart’s role in job creation, skill development, and community upliftment.
In his address, he said: “Our vision is to work collaboratively with Indian suppliers, communities, and policymakers to build a robust, resilient, and inclusive supply chain that benefits both Walmart customers and the Indian economy.”
The commitment to source ₹86,030 crore annually from India by 2027 also reflects Walmart’s belief in the strength and scalability of India’s MSME network, further fuelled by digital capabilities and local manufacturing excellence.
Conclusion: Walmart’s India Journey Gains New Momentum
Walmart’s latest announcement marks a significant step in strengthening India–US economic ties and creating mutual value through trade and innovation. The plan to increase sourcing to ₹86,030 crore annually by 2027, backed by platforms like Walmart Vriddhi, and supported by digital brands like Flipkart and PhonePe, signifies a comprehensive approach to economic collaboration.
This commitment is not merely transactional—it’s transformational, especially for MSMEs and small businesses aspiring to enter global markets. As Walmart sourcing commitment India continues to grow, so too does India’s position as a trusted global sourcing partner, offering scale, quality, and innovation.
The Walmart India sourcing news 2025 is a signal to the global market that India is not just a retail market—it’s a manufacturing and innovation powerhouse. With Walmart’s expanding investment, support for MSMEs, and alignment with India’s national missions, the future of India’s participation in global value chains looks promising and inclusive.
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