Walmart Expands Its Supplier Network in India: Empowering 100,000 More MSMEs Through Vriddhi Initiative
Walmart plans to connect 100,000 additional MSMEs in India to its supplier program, Walmart Vriddhi, over the next three years. Partnering with Ideas to Impact Foundation, the program aims to bolster MSMEs' access to national and international markets, leveraging Walmart's global supply chain and Flipkart's e-commerce capabilities.
- Country:
- India
US retail giant Walmart aims to integrate 100,000 more micro, small, and medium enterprises (MSMEs) in India into its supplier development program over the next three years, an initiative announced by company officials on Thursday.
The Walmart Vriddhi program, in collaboration with Ideas to Impact Foundation, will empower MSMEs to expand their market reach both domestically and globally by utilizing Walmart's extensive supply chain and Flipkart's e-commerce resources.
Furthermore, the initiative is set to enhance Walmart's sourcing of Indian goods, aligning with its goal of exporting products worth $10 billion annually by 2027.
(With inputs from agencies.)
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