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11/12/2019 01:51pm

Walmart to train 50,000 MSMEs in next 5 yrs to help enhance capacity and supply chain

image Walmart to train 50,000 MSMEs in next 5 yrs to help enhance capacity and supply chain

New Delhi, Dec 11 (KNN) Retail major Walmart has launched a programmed called "Walmart Vriddhi Supplier Development Program" to help 50,000 micro, small and medium enterprises (MSMEs) in India to enhance their capability and supply chain.

Judith McKenna, President and CEO, Walmart International said, “Under the initiative, the company which owns the e-commerce major Flipkart, aims to train around 50,000 MSMEs in the next five years, across 25 institutes.

"The Vriddhi programme will encourage Indian suppliers to make for online and offline customers around the world, including -- but not limited to -- the supply chains of Flipkart and Walmart. Whether a supplier has ambitions domestically or around the globe, Walmart Vriddhi will give them the tools they need to succeed," she said.

The first hub would be set up by March 2020, she said, adding that the programme will connect the community of enterpreneurs.

McKenna further said that the initiative is part of the Walmart's "long-term commitment" in India.

She added that the company will have a unique network as part of the initiative to provide inputs and technical support among other support to the MSMEs.

Further, training would cover all aspects of business management, promoting customer-centric strategies and best practices in workforce management and environmental sustainability.

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