# Furner later in the evening met Prime Minister Narendra Modi, after reviewing Walmart’s India operations.

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

## Key points

- Walmart CEO John Furner met Prime Minister Narendra Modi during his first visit to India as CEO.
- Walmart has already sourced over $40 billion in goods from India and plans to expand exports.
- Furner highlighted that quick commerce innovations in India could be adapted for the US market.
- PhonePe has filed IPO draft papers, while Flipkart is making leadership changes ahead of its own IPO.
- Walmart's Vriddhi programme aims to support 170,000 Indian MSMEs by 2028 for export readiness.

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

[Read the full story on The Financial Express](https://www.financialexpress.com/business/news/india-could-be-a-model-for-global-retail-walmart-ceo/4234748/)

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