Walmart initiative helps 50,000 businesses in India supply chain just

Walmart initiative helps 50,000 businesses in India supply chain  just

Walmart Vriddhi, the supplier development initiative of US retail giant Walmart, has trained over 50,000 micro, small, and medium-sized enterprises (MSMEs) in India. The programme offers free training, mentoring, and digital tools to enhance the capabilities of businesses and integrate them into India's domestic supply chain. Walmart aims to support local communities and create employment opportunities through this initiative. Walmart Vriddhi spans across India and connects MSMEs in key centres, strengthening collaborations with state governments. Walmart has committed to sourcing $10bn in goods from India annually by 2027.

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FAQ: Walmart Initiative Helps 50,000 Businesses in India Supply Chain

Frequently Asked Questions

1. What is the Walmart initiative that supports businesses in India's supply chain?

The Walmart initiative that supports businesses in India's supply chain is a supplier development programme. It is designed to provide support to small businesses by offering free training, mentoring, and digital tools aimed at enhancing their capabilities and integration into the global supply chain.

2. When was the Walmart supplier development programme launched?

The Walmart supplier development programme was launched in December 2019.

3. How many businesses has the Walmart initiative helped in India?

The Walmart initiative has helped 50,000 businesses in the supply chain in India.

4. What kind of support does Walmart's programme offer to businesses?

Walmart's programme offers support to businesses by providing free training, mentoring, and access to digital tools. This is intended to help businesses improve their operations, scale effectively, and better integrate into Walmart's supply chain.

5. Is the Walmart initiative aimed at any specific size or type of business?

While the complete details aren't specified in the given links, such initiatives typically target small to mid-sized suppliers to help them meet the demands of larger companies like Walmart and to support their growth and sustainability.

6. Where can I find more information about the Walmart programme for supplier development?

Additional information about the Walmart supplier development programme can be found on Walmart's corporate website and their annual reports, such as the 2020 Environmental, Social and Governance Report, which details the company's broader initiatives and impact.

7. Has Walmart conducted similar initiatives in other countries or is it specific to India?

Walmart conducts various initiatives globally to support local, diverse, and small businesses. Details of such programs can often be found in Walmart's Global Responsibility Reports and on their corporate website.

Please note that the information provided in the FAQ is based on the search results, and for the most current and detailed information, it is recommended to refer to Walmart's official communication channels or direct inquiries to Walmart's support team.