# Walmart's new president and CEO John Furner was on his first trip to India since assuming the corner office in Feb.

*business · news · 2026-05-08 · Times of India*

## Key points

- Walmart CEO John Furner made his first India visit since taking the role in February.
- Flipkart will maintain operational independence despite Walmart's global leadership changes.
- PhonePe has paused its IPO plans due to ongoing global market turmoil.
- Walmart intends to strengthen supplier capabilities and manufacturing to boost Indian exports.
- Flipkart has sourced over $40 billion in goods from India to date.

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

[Read the full story on Times of India](https://timesofindia.indiatimes.com/business/india-business/walmarts-chief-furner-meets-pm-takes-stock-of-india-market/articleshow/130940967.cms)

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