Walmart wants to develop Made in India
The American giant wants to triple its exports of products made in India to US$10 billion a year by 2027. Today, India is already one of Walmart’s main markets for products such as jewellery and household goods, with annual exports of around US$3 billion. Through this commitment, “we are supporting the Make in India initiative, helping more local businesses reach global customers while creating jobs and prosperity in India,” said Walmart’s C.E.O. Doug McMillon.