WALMART VRIDDHI
Over 58,000 MSMEs uplifted by Walmart Vriddhi through digital training, mentorship & business growth
Launched in 2019, Walmart's supplier development program has helped over 50,000 MSMEs get access to tools and mentorship for business growth.
Celebrating the inspiring journeys of four small business innovators who dared to dream big
Entrepreneurs like Yashovardhan Sharma, Kanak Deka, Biju Kuriakose, and Reena Chauhan embody resilience and innovation in India's MSME landscape. Through programs like Walmart Vriddhi, these entrepreneurs thrive, preserving heritage, empowering communities, and shaping a brighter future for Indian households with unique products and sustainable practices.
Walmart looks to treble sourcing of goods from India to $10 billion a year
Walmart, the multinational retail hypermarket, has disclosed that it has procured goods worth over $30 billion from the Indian market over the past 25 years for its global operations. The company now aims to triple its sourcing from India to $10 billion annually by 2027.
Walmart sourced goods worth over $30 billion from India in last two decades
Walmart is encouraging MSMEs (Micro, Small and Medium Enterprises) and entrepreneurs with proper training and believes that there is a tremendous opportunity to continue to contribute to India's growing economy, she said.
Walmart, Flipkart join hands with Telangana government to upskill, support local MSMEs
The MoU between Swasti and the Industries and Commerce Department will facilitate the development of local Micro, small and medium-sized enterprises (MSMEs) towards accessing a wider domestic market space, to leverage online retail and enable sustained growth and commercialisation, it said.
Why the right skills for MSMEs is necessary to be a future-ready workforce
For India’s 63 million MSMEs, acquiring the right skills is the secret ingredient that can make all the difference in taking a giant leap forward.
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Confident of achieving Walmart’s goal of $10 bn exports from India annually by 2027: Walmart CEO Doug McMillon
The CEO reinforced Walmart’s commitment to India and building an ecosystem of suppliers and partners, including small and medium enterprises to achieve its long-term objectives.
MSMEs must strive to increase production, output and per capita income with Walmart’s expertise: Narayan Rane
The minister emphasised that production quality by the MSME sector should be on par with international standards and excellence.
Walmart and Flipkart signs MoU with Industries& Commerce and Public Enterprises Department and others
To facilitate the expansion and improvement of small and medium enterprises, training seminars and mentoring sessions are conducted regularly. MSMEs are now registering for the programme from tier 2 and tier 3 cities across India, along with key metros including Delhi, Bangalore, Mumbai, Surat, Hyderabad, and Kolkata.
Nearshoring, shrinkflation and ballooning stocks. Strategies under uncertainty
The supply chain crisis made MSMEs realise that they have to go beyond their comfort zone to survive. Process improvement and out-of-the-box thinking are now becoming part of their DNA.
Walmart, Flipkart present plan for sellers to export via cross-border e-commerce
At the grassroots level, Walmart and Flipkart are providing training and support to MSMEs with export ambitions via the Walmart Vriddhi supplier development program.
Walmart invites Indian sellers to expand overseas via its US marketplace
Indian firms such as Delphi Leather India, Mahi Exports, Touchstone Gems & Jewelry and Welspun are among those already growing on Walmart Marketplace.
Crisis forces small businesses to get creative for smooth supply chain movement
An overwhelming set of supply chain challenges is making it difficult for MSMEs to plan their operations effectively. They have to find a smarter way to work around these problems or perish.
Walmart announces MoU with MP government to train and support MSMEs
Launched in 2019, Walmart Vriddhi aims to train 50,000 Indian MSMEs with the business skills necessary to succeed as suppliers to Walmart, sellers on Flipkart, and other domestic and global marketplace platforms.
Are people buying nuts and seeds? Festive demand to set the tone for small businesses
Small businesses faced the brunt of the pandemic, perhaps the hardest. Can the festive season help to offset their losses and make up for the time gone by?
Innovations from Indian market helping us improve retail globally: Walmart International CEO
Speaking at the Converge@Walmart event, McKenna said learnings from the Indian operations have helped Walmart make improvements in its existing businesses as well as given it new business ideas that the Bentonville major has started applying globally.
Does the screw cost 25 paisa or 45? MSMEs get MBA lessons from the pandemic crisis
The pandemic-induced lockdown has taught MSMEs how to reorganise and adapt in a changing environment. Small businesses now look at sourcing, diversification and capital allocation more closely. Will these lessons help the growth engine get back on track?
Walmart to help small businesses in Uttar Pradesh grow via new Vriddhi e-institute
Vriddhi will accelerate the rollout of e-institutes to other cities in India this year, providing training, mentoring and ecosystem support to help local MSMEs prepare for growth as part of the supply chains of Flipkart and Walmart or other channels.
Walmart commits $10 billion to export Indian goods each year by 2027
To accelerate its India exports, Walmart will strengthen development of the supply chain ecosystem in India, both by boosting existing exporters and by expanding the nation’s pool of export-ready businesses.
Walmart plans to increase exports out of India three times to $10 billion by 2027
Walmart’s said on Thursday that its export commitment is expected to boost micro, small- and medium-sized enterprises (MSMEs) in India and the US giant plans to source from hundreds of suppliers in food, pharmaceuticals, consumables, health & wellness, general merchandise, apparel, homeware among other key export categories.
Walmart Vriddhi to train MSMEs digitally
The first all-digital institute will initially be open to MSMEs in Panipat, Sonipat, and Kundli, an area that is a hub of textile, steel and kitchenware production.
Take innovative products like Khadi denim to global markets: Nitin Gadkari to Walmart
The minister said that the target now is to provide 5 crore more jobs in the MSME sector while increasing export share to 60%.
They pivoted their business to survive the pandemic. But is it enough?
Many small businesses changed track during the lockdown to meet the consumer demand for Covid-essentials. But with the demand curve again undergoing a shift, post the various unlock phases, will it mean fight or flight for the scores of MSMEs in the country?
Walmart-owned Flipkart supports 6 lakh artisans in India through Samarth programme
The Samarth programme was launched last year, wherein the e-commerce major had partnered with five non-governmental organisations (NGOs) to help artisans use the online marketplace to sell their products.
Walmart to open 25 institutes to train 50,000 MSME entrepreneurs
Over the next five years, MSMEs will receive in-person training, a feature unique to this program, as well as expert advice, access to Walmart's deep global experience and a network of peers and mentors in their local communities.
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