# At the Walmart Growth Summit 2026 held at Bharat Mandapam in New Delhi, the company brought together export-ready businesses, MSMEs, digital-first brands, and supply-chain partners.

*business · news · 2026-05-07 · The Financial Express*

## Key points

- Walmart announced plans to support nearly 170,000 Indian MSMEs through Walmart Vriddhi by 2028.
- Flipkart completed its reverse flip from Singapore to India, easing regulatory hurdles for its IPO.
- Walmart has already sourced over $40 billion in goods from India, aiming to expand export capabilities.
- PhonePe's IPO plans are paused due to tensions in West Asia, unlike Flipkart's IPO progress.

**Companies:** Walmart, Flipkart, PhonePe
**Countries:** India, China

[Read the full story on The Financial Express](https://www.financialexpress.com/business/news/walmart-says-sourced-over-40-billion-in-goods-from-india-since-90s/4234487/)

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