India is one of Walmart’s top sourcing markets.
Bangalore (Karnataka):
Walmart, the world’s largest retailer, has invited Indian sellers to use its delivery infrastructure and marketplace to reach customers overseas.
“Walmart is now inviting select Indian sellers to apply to join the Walmart Marketplace, a curated seller community that serves more than 120 million US buyers every month,” the retail giant said in a statement. Is.”
This initiative spans over 20 years of Walmart’s association with Indian exporters. India is already one of Walmart’s top sourcing markets, and the company has set an ambitious target of exporting $10 billion from India each year by 2027.
A dedicated cross border trade team has been set up in India to help sellers grow onboard and on the platform. It supports local vendors to enhance their capabilities to meet applicable international regulations and Walmart responsible sourcing standards, develop new product lines and upgrade their operations for packaging, marketing, supply chain management and export success. Is.
Walmart is looking for new sellers from India as part of a global drive to attract international sellers and expand the marketplace’s product assortment. Selected sellers will be able to take advantage of Walmart Fulfillment Services, which allow them to access Walmart’s warehousing and delivery infrastructure in the US, as well as platform tools that help them streamline their operations and manage promotions and feedback .
Walmart appropriately shares US customer insights and global supply chain best practices and business planning strategies with its Marketplace vendors to help them succeed in the US.
“Building on its long history of partnership with Indian exporters, Walmart is now providing Indian businesses the opportunity to pursue their export dreams as marketplace vendors. They are able to leverage our global supply chain infrastructure and receive support to help them reach millions of customers in the US,” said Michelle Mi, Walmart’s vice president, emerging markets and business development – global sourcing.
Rajnish Kumar, Chief Corporate Affairs Officer, Flipkart, said: “The opportunity to easily reach global consumers can be transformative for Indian sellers. Excellence in ‘Make in India’ brands can expand their global network, best practices of exports and diversify their product ranges in concert with Walmart as they take on the world.”
Indian companies such as Delphi Leather India, Mahi Exports, Touchstone Gems & Jewelery and Welspun are already thriving on the Walmart marketplace.
(Except for the title, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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