Walmart to Source Toys, Shoes, and Bicycles from India - News

Walmart, the US retail giant, plans to source toys, shoes, and bicycles from Indian vendors to boost Indian exports to US$ 10 billion by 2027. The company seeks additional food, pharmaceutical, consumable, health and wellness, garment, and home textile suppliers. 
Walmart organized a virtual meeting with domestic toy manufacturers to discuss quality standards for procuring straight from Indian suppliers. India’s toy business, formerly a net importer, is rising. The company committed to triple its Indian exports to US$ 10 billion by 2027 in December 2020, supporting Indian MSMEs. The company is increasing its logistics and supply chain collaborations with Indian companies. 
Doug McMillon, CEO, Walmart, underlined the goal and discussed partnerships with Narendra Modi, Prime Minister of India, in India. To improve compliance and exports, the Department for Promotion of Industry and Internal Trade (DPIIT) is connecting Indian manufacturers with global companies.