Retail giant Walmart on Thursday said it is inviting select Indian sellers to join Walmart Marketplace, a curated seller community that serves more than 120 million US buyers every month.
India is already one of the top sourcing markets for Walmart and the retail major has set an ambitious target of exporting USD 10 billion each year from India by 2027.
“This initiative spans over 20 years of Walmart’s association with Indian exporters,” a Walmart statement said.
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.
Indian sellers selected following the process will be able to take advantage of Walmart Fulfillment Services, which will allow them to use Walmart’s warehousing and delivery infrastructure in the US, along with platform tools to streamline their operations and manage promotions and feedback. will help. Statement added.
Michelle Mi, Walmart’s Vice President, Emerging Markets & Business Development – Global Sourcing, said: “Building on our long history of partnering with Indian exporters, Walmart is now looking to help Indian businesses pursue their export dreams as marketplace sellers. They will be able to leverage our global supply chain infrastructure and receive support to help them reach the millions of daily customers in the US.
Rajnish Kumar, Chief Corporate Affairs Officer, Flipkart, said: “The opportunity to easily reach global consumers can be transformative for Indian sellers. Outstanding ‘Make in India’ brands can expand their global network, best practices of exports and work with Walmart to diversify their product ranges as they take on the world.”
Walmart Inc. has a majority stake in Indian e-commerce firm Flipkart. It had invested USD 16 billion in the Bengaluru-based e-commerce platform in 2018.
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