Walmart Increases Imports from India, Reduces Reliance on China

The shift is driven by cost-cutting measures, diversification of supply chain, and India's growing workforce and technological advancement.

Walmart has shifted its import strategy, sourcing more goods from India and reducing its reliance on China in an effort to cut costs and diversify its supply chain.
Data shows that Walmart shipped a quarter of its U.S. imports from India between January and August this year, compared to just 2% in 2018.
The shift is attributed to rising costs of importing from China and escalating political tensions between Washington and Beijing.
India's rapidly growing workforce, technological advancement, and lower labor costs compared to China are key factors in Walmart's decision.
Walmart has been accelerating growth in India since 2018, when it bought a 77% stake in Indian e-commerce firm Flipkart, and is on track to import $10 billion of goods from India each year by 2027.