In a significant stride toward deepening Walmart’s strategic engagement with India, CEO Doug McMillon met with Prime Minister Narendra Modi during a visit to New Delhi. Speaking at a prominent event earlier in the day, McMillon emphasized that Walmart shares a strong, enduring relationship with India, reinforcing the company’s long-term vision in the country.
Steadfast Commitment and Growth Ambition
McMillon highlighted Walmart’s unwavering confidence in the Indian market, stating that the company is committed to India and “here for the long term.” He noted the positive momentum surrounding the growth of Indian supplier ecosystems across platforms such as Flipkart, PhonePe, and Walmart Global Tech.
The CEO also reaffirmed Walmart’s ambitious goal of increasing its sourcing of “Made‑in‑India” goods to USD 10 billion annually by 2027, a key element of the company’s enhanced export focus. This effort aims to strengthen logistics, skill development, and supply chains, consolidating India’s role as a global manufacturing hub.
Walmart’s Expanding Ecosystem in India
During his visit, McMillon and other senior Walmart leaders engaged with a diverse set of stakeholders, including suppliers, artisans, MSMEs, and initiative leads from platforms such as Walmart Sourcing, Walmart Vriddhi, Flipkart, Flipkart Samarth, and PhonePe.
These initiatives have been praised for enabling participation in Walmart’s global supply chain, helping Indian micro and small businesses scale their reach while fostering export opportunities.
Dialogue with Prime Minister Modi
Prime Minister Modi described the meeting with McMillon as “fruitful,” noting that they covered a wide range of topics and expressed mutual satisfaction that India is increasingly seen as an attractive investment destination.
While giving no specifics on policy commitments, both leaders signaled an alignment of intent: supporting manufacturing growth, job creation, and deeper economic ties between Walmart and India.
Focus Sectors & Future Outlook
McMillon underscored the critical role of inclusivity and scale in Walmart’s India strategy. He cited rapid expansion in categories such as textiles, household goods, toys, and seafood, with contributions from both established suppliers and new entrepreneurs.
With India on track to become one of the world’s largest economies by 2030, McMillon called the country’s supplier network “remarkable” and urged Indian businesses to embrace global opportunities.
The meeting between Doug McMillon and PM Modi sends a clear signal: Walmart sees India not just as a market but as a global sourcing powerhouse with long-term potential. With strategic targets like USD 10 billion in exports by 2027, and a robust ecosystem connecting MSMEs to international supply chains, the partnership is set to deepen.
