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01/12/2021 03:33pm

Walmart to partner with MP government to train and support MSMEs for e-retailing

image Walmart to partner with MP government to train and support MSMEs for e-retailing

New Delhi, 1 Dec (KNN) Walmart and its subsidiary Flipkart on Tuesday announced that they will sign a Memorandum of Understanding (MoU) with the Madhya Pradesh government to create an ecosystem of capacity building for MSMEs in the state.

Under this partnership with Department of Micro, Small and Medium Enterprises (MSME) of the MP government, Walmart and Flipkart will help MSMEs digitize their businesses and enable them to sell products across India through online retail, as published in ET.

The initiative comes under Walmart Vriddhi Supplier Development Programme an opportunity to unlock their export potential and become part of Walmart's global supply chain.

Launched in 2019, Walmart Vriddhi aims to train 50,000 Indian MSMEs with the business skills necessary to succeed as suppliers to Walmart, sellers on Flipkart, and other domestic and global marketplace platforms.

Commenting on the development, Madhya Pradesh Minister for MSME Om Prakash Sakhlecha said, "At this point, it is crucial for small businesses to scale up and use modern technology for their business growth. We shall provide our guidance and support required to allow MSMEs to achieve greater success through the programme."

Walmart International Partnership Services Vice President Nidhi Munjal said, "We look forward to partnering with the Government of Madhya Pradesh and supporting their efforts to build a robust MSME ecosystem.

Under the Walmart Vriddhi Programme, Walmart and Flipkart have partnered with several states across the country, including Haryana and Tamil Nadu.

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