By
121 News
Chandigarh
02nd July:- Walmart is operating and
contributing to Indian economy for many years now. Through our B2B business
(Wholesale cash-and-carry) in India we are not only supporting lakhs of small
kiranas succeed, but also helping them modernise. This was stated by the
official spokesperson of the Walmart.
He
said further that our continued efforts have been to support the domestic
manufacturing in India by sourcing locally from SME suppliers, small farmers
& Women Owned Businesses. A clear testament of that is showcased in our
merchandise 95% of which come from within the country.
India
is one of the important countries from where Walmart sources a significantly
large volume of products for other WalMart markets. These products include
handicraft, textile, apparel, pharmaceuticals etc, and hence give a boost to
local manufacturing & exports.
In
line with Government’s FDI policy allows 100% FDI under automatic route in
Marketplace ecommerce model, our partnership with Flipkart will provide
thousands of local suppliers and manufacturers access consumers through the
marketplace model. This partnership will support SME suppliers, farmers in the
country to get access to the market through this platform and boost local
manufacturing in India.
We
believe the combined capabilities of Flipkart and Walmart will create India’s
leading e-commerce platform. This will benefit India by providing quality,
affordable goods for customers, while creating new skilled jobs and fresh
opportunities for small suppliers, farmers, and women entrepreneurs.
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