American retail giant, Walmart, has always expressed its commitment towards India through its support to the large Indian MSME community from which it sources not just for its cash & carry and ecommerce (Flipkart) businesses, but also for its global outsourcing arm that supplies to the US, Canada, UK, Mexico, Central America and other developed markets. Its e-commerce arm, Flipkart, itself has over 200,000 MSMEs on its platform.
The American retailer's (which is trying hard to be part of the 1.3 billion Indian consumption story) most recent initiative is the Walmart Vridhhi Supplier Development Program, which aims to empower 50,000 small and medium manufacturers in the next five years. It is already working with MSMEs for itd various businesses. Through Vriddhi, the thought is to provide a platform to develop and build their capabilities so that they could pursue larger opportunities with Walmart .