# Walmart Inc President and Chief Executive Officer John Furner is on a visit to India.

*business · news · 2026-05-07 · The Hindu Business Line*

## Key points

- Walmart has sourced over $40 billion from India across key categories so far.
- Walmart's Vriddhi programme now supports 115,000 entrepreneurs with digital training and marketplace access.
- PhonePe has received SEBI approval for public listing, while Flipkart is preparing for an IPO next year.
- Walmart positions India as both a growth platform and a global model for retail innovation.

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

[Read the full story on The Hindu Business Line](https://www.thehindubusinessline.com/companies/india-is-not-just-a-growth-market-but-a-model-for-the-future-of-retail-walmart-chief-john-furner/article70950577.ece)

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