Walmart will expand the ranks of Indian sellers to help them enter the US market!

Walmart will expand the ranks of Indian sellers to help them enter the US market!

It is learned that according to foreign media reports, Walmart recently announced that it will invite more Indian sellers to join the Walmart market to sell locally made products to American consumers.

Walmart said India is one of its largest procurement markets and its goal is to import up to $10 billion worth of goods from India annually by 2027.

It is reported that Walmart's expansion of its Indian seller team is based on the implementation of Walmart's "Vriddhisupplier" development plan, under which it will help Indian micro, small and medium enterprises (MSMEs) sell in the international market.

According to reports, eligible sellers will be able to obtain delivery services provided by Walmart, use Walmart's warehousing and distribution infrastructure in the United States, and platform tools to simplify operations and manage online businesses. Walmart will also share consumer habits of American customers and best practices and strategic planning on global supply chain issues with local Indian sellers to help them succeed in the US market.

Michelle Mi, vice president of global procurement at Walmart, said Walmart will help Indian companies attract American consumers to achieve cross-border sales success. Rajneesh Kumar, chief corporate affairs officer of Flipkart, said this will be a great opportunity to reach global consumers and will help "Made in India" go international.

It is learned that Walmart has set up a dedicated cross-border trade team in India to provide support for local sellers to establish online businesses, including procurement standards, developing new product lines, and improving sellers' capabilities in product packaging, marketing, supply chain management, etc.


Editor ✎ Nicole/

Disclaimer: This article is copyrighted and may not be reproduced without permission.

<<:  The United States is proposing a new customs tariff! It may pose a huge threat to Shein!

>>:  Two babies have died! CPSC recalls multiple baby recliners!

Recommend

What is a clearing service? Clearing service review

Liquidation is a free removal option, through whic...

What is a hairnet? Hairnet Review

FaNet is a brand of Shanghai FaNet Supply Chain Ma...

Common Reasons Why Amazon Accounts Get Suspended

The first method: guide buyers to other platforms...

What is MEIG? MEIG Review

MEIG (The Middle East Internet Group) was establis...

What is ColorPop? ColorPop Review

ColorPop is the most popular over-the - counter co...

Amazon's Misconceptions about Hot Products and Its Road to Transformation

My dears👋, today let’s talk about Amazon’s idea of...

New tax developments in Germany! No one can escape this time...

Cross-border Business School Information and skil...

What is Coupang? Coupang Review

Coupang is an e-commerce company headquartered in ...

Etsy launches “Image Search” feature! Now available to iOS users!

<span data-docs-delta="[[20,"获悉,据外媒报道,11月2...