Walmart CEO Doug McMillon has lavished praise on India’s economic trajectory, calling its swift growth as “remarkable,” especially for a country already classified among the world’s largest economies . Speaking at a Bengaluru event, he remarked that witnessing such rapid expansion in a mature economy is “rare,” and expressed confidence that India's momentum will continue .
McMillon emphasized Walmart’s long-term commitment to India. The company aims to source $10 billion worth of India-made goods annually by 2027, supporting local small and medium enterprises, artisans, farmers, and women-led businesses. He also highlighted that India, alongside the U.S. and China, ranks among Walmart’s top three global markets .
Additionally, McMillon noted the importance of "thinking local" in India’s diverse landscape, while lauding rapid growth in digital commerce through Flipkart and PhonePe - calling advancements in quick-commerce "mind-blowing".
The Walmart CEO’s comments reflect both admiration for India’s economic resilience and Walmart’s strategic positioning to ride its growth wave.
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