Tue Jun 24 12:01:03 UTC 2025: **Summary:**
Walmart CEO Doug McMillon reaffirmed Walmart’s commitment to sourcing $10 billion annually from India. He highlighted India’s rapid economic growth and the valuable lessons Walmart is learning from its Indian acquisitions, Flipkart and PhonePe, praising their innovation, speed, and ability to create opportunities. He reiterated Walmart’s long-term view of India and its potential.
**News Article:**
**Walmart CEO Reaffirms Commitment to $10 Billion Sourcing from India**
**New Delhi – June 24, 2025** – Walmart Global CEO Doug McMillon today reiterated the company’s commitment to sourcing $10 billion annually from India, citing the country’s rapid economic growth and vast potential. Speaking at an event showcasing Walmart’s Indian operations, McMillon emphasized the unique opportunity India presents.
“It’s rare to have such a big economy growing so fast and creating so much opportunity for so many,” McMillon stated, highlighting the company’s long-term vision for India. He noted the significant growth of Walmart’s sourcing business in India and the collaborative efforts with suppliers to achieve the $10 billion target.
McMillon also praised the growth and innovation demonstrated by Walmart’s Indian acquisitions, Flipkart and PhonePe. “We’re really learning a lot from those businesses,” he said, pointing to their ability to innovate, move with speed, and serve a growing customer base. He emphasized the bright future of India’s e-commerce marketplace and the opportunity for creating opportunities.
McMillon’s comments underscore Walmart’s continued investment and belief in the Indian market, positioning the company as a key player in India’s economic growth story.
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