# US-based retail giant Walmart Inc President and CEO John Furner is on his maiden visit to India.

*business · news · 2026-05-07 · Moneycontrol*

## Key points

- Walmart has sourced over USD 40 billion in goods from India to date.
- Walmart aims to support 170,000 Indian MSMEs by 2028 through its Vriddhi initiative.
- Over 115,000 entrepreneurs have benefited from Walmart's Vriddhi program for MSME modernization and export readiness.
- Recent Walmart Growth Summits in India were held with DGFT and FIEO to engage MSME clusters.

**Companies:** Walmart Inc, PhonePe, Flipkart
**Countries:** India, United States

[Read the full story on Moneycontrol](https://www.moneycontrol.com/news/business/india-represents-one-of-most-dynamic-opportunities-in-global-commerce-walmart-ceo-13912080.html)

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