US retail giant Walmart reaffirmed its commitment to expanding operations in India after its chief executive officer, John Furner, met Prime Minister Narendra Modi during his first official visit to the country.

The meeting focused on India’s economic growth outlook, export potential and opportunities to attract greater foreign investment, Walmart said in a post on social media platform X.

Furner’s three-day visit reflects the growing importance of India in Walmart’s long-term global strategy, particularly as the company looks to strengthen sourcing, manufacturing and digital commerce capabilities in one of the world’s fastest-growing consumer markets.

Walmart entered India in 2018 through its acquisition of Flipkart and has since expanded its presence across e-commerce, logistics, supply-chain services and digital payments. The retailer views India as both a major growth market and a key sourcing hub as global companies increasingly diversify their supply chains beyond traditional manufacturing centres.

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The company said it has already sourced goods worth more than $40 billion from India and aims to deepen collaboration with local suppliers, entrepreneurs and manufacturers. Furner said Walmart is focused on strengthening supplier capabilities, improving compliance and quality standards, and helping Indian businesses scale manufacturing for global exports.

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The visit also comes at a crucial time for Walmart’s India portfolio, with both Flipkart and digital payments platform PhonePe preparing for public listings in India. Walmart currently owns around 80 per cent of Flipkart and more than 70 per cent of PhonePe, underscoring the company’s significant investment in India’s expanding digital economy.

India has emerged as a strategic destination for global retailers seeking long-term growth opportunities, a large consumer base and a competitive manufacturing ecosystem amid shifting global trade dynamics.

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As of May 2026, Walmart ranks as the largest company globally in terms of revenue and is the leading private employer, employing approximately 2.1 million people. Established by Sam Walton in 1962 in Rogers, Arkansas, the organization runs more than 10,900 retail locations and online platforms in 19 nations