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. |
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