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Friday, 01 October 2021 13:16

Walmart to triple exports from India by 2027

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Global retail giant Walmart plans to triple its exports from India to $10 billion annually by 2027. The retailer has been undertaking extensive training sessions for MSMEs alongwith Flipkart.

Under the Walmart Vriddhi Supplier Development Program (Walmart Vriddhi), the retail giant has so far trained over 2,500 MSMEs in modern business management frameworks to enable them to modernize and become part of the digital retail revolution. The e-commerce company aims to triple exports from India to $10 billion annually by 2027.

The different phases in the program delivered by partner Swasti, give MSMEs access to advanced business tools and strategies, as well as one-on-one expert consultation, to help them unlock their entrepreneurial capacity, modernize their business, and thrive.

Walmart and Flipkart expect many more entrepreneurs to graduate from the Vriddhi program over the next few months. Both the companies plan to partner with MSMEs by providing access to online and offline markets in India and around the world.

Launched in 2019, Walmart Vriddhi program aims to empower 50,000 MSMEs across India over five years.