Wal-Mart India Private Limited (“Walmart India”) is a 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 through a joint venture with Bharti Enterprises in 2007 and opened its first store in India in Amritsar, Punjab on 29th May, 2009. In 2013, Walmart India became a wholly owned subsidiary of Walmart Stores, Inc.
Today, Walmart India owns and operates 22 Cash & Carry stores under the brand name of Best Price Modern Wholesale Stores (“Best Price”) in 9 states across the country. 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.
Walmart India opened its first Fulfillment Center in Mumbai in November 2017 to enable kiranas, resellers & other businesses in Mumbai and neighbouring areas to get access to a wide & exciting assortment of merchandise relevant to them without stepping out of their stores. The FC has been curated keeping in mind the finer nuances of convenience of small resellers, kiranas & other businesses – choice, value and service that they expect – great quality and competitively priced merchandise, doorstep delivery and easy payment solutions. The FC contributes to the State and local economies by creating over 1500 direct & indirect local jobs, developing SME suppliers, and enabling small businesses to succeed. This model is a definitive step towards building an impactful distribution eco-system.
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.
- Global Sourcing Centre (Bangalore): The global sourcing hub procures non-food products from Indian manufacturers for 13 of its global markets, further supporting the economy and the ‘Make in India’ initiative.
- Walmart Labs (Bangalore): The technology centre in Bangalore started in November 2011. More than 1200 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.