Walmart CEO Calls India a Top Global Commerce Opportunity

Walmart President John Furner stated India is a top global commerce opportunity, with over $40 billion in goods already sourced. The Walmart Vriddhi program has trained over 115,000 MSMEs, aiming to reach 170,000 by 2028. Flipkart CEO Kalyan Krishnamurthy highlighted how technology is creating opportunities for small businesses. The Walmart Growth Summit-India 2026 attracted over 5,000 registrations from export-ready businesses.

Key Points: Walmart CEO: India a Top Global Commerce Opportunity

  • Walmart has sourced over $40 billion in goods from India
  • Vriddhi program trained 115,000+ MSMEs, targets 170,000 by 2028
  • Flipkart CEO highlights tech unlocking opportunities for small businesses
  • Summit drew 5,000+ registrations from export-ready businesses
2 min read

India represents one of the most dynamic opportunities in global commerce: Walmart President

Walmart President John Furner says India is a top global commerce opportunity, with $40B+ sourced from India. Over 115,000 MSMEs trained under Vriddhi program.

"India represents one of the most dynamic opportunities in global commerce today - John Furner"

New Delhi, May 7

India represents one of the most dynamic opportunities in global commerce today, John Furner, President and CEO of global giant Walmart, said on Thursday, adding that they have already sourced more than $40 billion in goods from India.

Furner said the company is focused on strengthening entrepreneur and supplier capabilities, raising compliance and quality standards, and helping scale manufacturing so more Indian businesses are ready to export.

"This work is expanding economic opportunity and connecting innovative businesses in India with customers around the world," he said during the second edition of the 'Walmart Growth Summit-India 2026' here.

Walmart's 'Vriddhi Supplier Development Programme' announced that it has trained over 115,000 MSMEs across the country since its launch in 2019, equipping them with digital capabilities, critical business skills, and access to new markets.

With plans to support a total of 170,000 MSMEs by 2028, the programme continues to strengthen the pipeline of MSMEs that have the ambition to export to new markets.

At the event, Walmart and Flipkart leaders reinforced the growing role of Indian businesses in global supply chains, and the importance of deepening local partnerships and capacity building efforts.

"At Flipkart Group, we have seen firsthand how technology and digital commerce can unlock opportunities for millions of small businesses, entrepreneurs, artisans, and local communities across India," said Kalyan Krishnamurthy, Group CEO, Flipkart Group.

Through initiatives like Flipkart Samarth and Walmart Vriddhi, "we are helping build capabilities, improve market access, and create pathways for businesses to grow both domestically and globally. Our focus continues to be on building an inclusive and empowering commerce ecosystem for India," he mentioned.

The event drew more than 5,000 registrations, with sellers expressing strong interest in onboarding to the Walmart Marketplace to reach customers in the US and beyond.

The event attracted export-ready businesses, MSMEs, digital-first brands, and supply chain partners to explore growth opportunities across domestic and international markets.

- IANS

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Reader Comments

R
Rohit P
Good to see global giants recognising India’s potential. But let’s not forget the real challenge—our domestic logistics and infrastructure still have a long way to go. Walmart can source all they want, but if Indian products can’t reach ports efficiently or face quality certification bottlenecks, the numbers won’t translate to ground reality. Hope the government also steps up to complement these private efforts.
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Arjun K
Amazing news! 🇮🇳 With Walmart and Flipkart working together, our local artisans and small manufacturers finally have a platform to showcase their products worldwide. I just hope the benefits reach the smallest players, not just the big exporters. The 2028 target of 170,000 MSMEs is ambitious—hope it’s inclusive and not just numbers on paper.
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Nikita V
Honestly, this feels like a double-edged sword. Yes, it’s great for exports and employment, but we need to ensure our manufacturers aren’t exploited by low-margin contracts. The focus on ‘compliance and quality standards’ is necessary, but small businesses often struggle with the paperwork and upfront costs. Would love to see more concrete support, like subsidies or easier certification processes.
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Vikram M
I’m cautiously optimistic. Walmart’s track record in other countries shows that while they create supply chain efficiencies, they also put immense pressure on margins. Indian MSMEs need to upskill rapidly to compete globally, not just on cost but on innovation and quality. The Flipkart-Walmart ecosystem is powerful, but let’s not forget the dominance of Amazon too. Healthy competition will benefit everyone.
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James A

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