Wal-Mart India Private Limited (“Walmart India”) is the wholly owned subsidiary of Walmart Inc., the world’s leading retailer renowned for its efficiency and expertise in logistics, supply chain management and sourcing. Walmart entered India in 2007 and opened its first store in India in Amritsar, Punjab in May, 2009. In 2014, Walmart India became a wholly owned subsidiary of Walmart Inc.
Today, Walmart India owns and operates 29 B2B Cash & Carry stores under the brand name of Best Price Modern Wholesale Stores (“Best Price”) in 9 states across the country. It also operates 1 Fulfillment Centre in the country, in Lucknow. Our business in India is membership-based and we have more than one million members, majority of whom are small resellers and kiranas (mom & pop stores). Other business segments who are our members are hotels, restaurants, offices and institutions. We support them with high quality products at consistent, transparent and competitive prices so that their businesses prosper.
In addition to Cash & Carry business in India, Walmart contributes to the Indian economy in many other ways, including through Global Sourcing Centre and the Technology Centre, Walmart Labs and the most recent investment in Flipkart.
- Global Sourcing Centre (Bangalore): The global sourcing hub procures non-food products from Indian manufacturers for global markets, further supporting the economy and the ‘Make in India’ initiative.
- Walmart Labs (Bangalore): The technology centre in Bangalore started in November 2011. Nearly 2000 local engineers and technical experts develop cutting edge solutions, retail technology and support global operations for ensuring operational efficiencies to drive seamless shopping experiences for customers.