← Latest news 
Walmart CEO meets Modi and ramps India plans after 40 billion sourcing push
Business
Published on 8 May 2026
A 40 billion sourcing deal hints at bigger
Walmart CEO John Furner met Prime Minister Narendra Modi to discuss India’s growth and investment opportunities. The retailer said it has sourced $40 billion worth of goods from India and is expanding digital commerce and payments. The broader push includes plans tied to Flipkart and PhonePe’s potential public listings, signaling Walmart’s intent to deepen its footprint in the market.
- Walmart CEO John Furner met PM Modi to discuss India investment
- Company cites $40 billion goods sourced from India
- Focus is shifting toward digital commerce and payments expansion
- Flipkart and PhonePe public listing plans factor into the momentum
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times