Walmart’s strategic pivot: Embracing India for a diversified supply chain and cost-efficient procurements while cutting imports from China
The world’s largest retailer, Walmart, is increasingly turning towards India for imports while reducing its dependence on China. The shift aims to lower costs and diversify the supply chain. As per a Reuters report, the data from Import Yeti revealed that between January 2023 and August 2023, 25 per cent of US imports were from India. If … Read more