Empowering MSMEs with News & Insights

Walmart helps Indian manufactures become cross-border sellers

Updated: May 04, 2022 08:24:29am
image

Walmart helps Indian manufactures become cross-border sellers

New Delhi, May 4 (KNN) One of the world’s biggest retailer Walmart is encouraging Indian manufacturers and trading companies with opportunities to become cross-border sellers on its marketplace. 

The American retail giant is supporting domestic manufacturers and traders of India in expanding their international presence. 

FOLLOW US on GOOGLE NEWS

Along with Flipkart and cross-border commerce company Payoneer, Walmart laid out a detailed roadmap for local sellers with export ambitions at the recent Walmart global seller summit in New Delhi.

The roadmap is part of Walmart efforts to expand its sourcing from India to USD 10 billion a year by 2027. 

Michelle Mi, Walmart VP, Emerging Markets and Business Development – Global Sourcing, said, “Now is the ideal time for sellers from India to get started as exporters on Walmart marketplace. It’s already one of the top online marketplaces in the US, and we’re investing heavily to help new sellers bring great products and services to the platform.” 

Emphasising on digitalisation and e-commerce as the gateway to opportunities in India and globally Rajneesh Kumar, chief corporate affairs officer, Flipkart Group, said. “Over the past decade, Flipkart has helped build a strong supply chain ecosystem in India, enabling hundreds of thousands of local businesses to begin selling online as part of India’s digital retail revolution.”

This is not only great for local consumers and companies, but also expands the pool of export-ready Indian businesses that can now take advantage of this opportunity on Walmart marketplace, he added.  (KNN Bureau)

COMMENTS

    Be first to give your comments.

LEAVE A REPLY

Required fields are marked *