walmart flipkart deal: Walmart and Flipkart signs MoU with Industries& Commerce and Public Enterprises Department and others

Guwahati: Walmart and Flipkart on Thursday announced the signing of a Memorandum of Understanding (MoU) with the Industries & Commerce and Public Enterprises Department, Public Health Engineering, Skill, Employment & Entrepreneurship, and Tourism Department of Assam to form an ecosystem which supports and aids the digitization of local MSMEs in the state.
Under this tripartite agreement, MSMEs will benefit from Walmart and Flipkart’s assistance in digitizing their operations and expanding their reach across India. Additionally, they can expand their export potential and join the global supply chain of Walmart.

In a statement the company stated through this partnership with Swasti, Walmart Vriddhi Supplier Development Programme (Walmart Vriddhi) offers small businesses and entrepreneurs a complete learning platform and provides expansion opportunities, free training, in-depth expert assistance and the right tools and skills required to grow and expand their business. To facilitate the expansion and improvement of small and medium enterprises, training seminars and mentoring sessions are conducted regularly. MSMEs are now registering for the programme from tier 2 and tier 3 cities across India, along with key metros including Delhi, Bangalore, Mumbai, Surat, Hyderabad, and Kolkata.

Minister of Public Health Engineering, Skill, Employment & Entrepreneurship, and Tourism Department, Government of Assam, Jayanta Malla Baruah said, “MSMEs are the growth engine of our state, and we are determined to help them become successful in India and across the world. The Government of Assam has launched several initiatives to equip entrepreneurs with the necessary skills to grow their business. The Walmart Vriddhi program will help them become competitive not just in the domestic market but also get connected with major export destinations globally. I would like to thank Walmart and Flipkart for the partnership. We look forward to working together to build a robust MSME ecosystem in Assam.”
Nidhi Munjal, Vice President, Supplier Development – India, Walmart, said, “We are pleased to announce our partnership with the Government of Assam and honoured to support their initiatives to expand and create a strong digital ecosystem for MSMEs. Assam is fast emerging as a major investment hub for MSMEs. Through the Walmart Vriddhi programme, we want to offer MSMEs an opportunity to develop the necessary skills to grow in domestic and international markets. This collaboration will accelerate our efforts to digitize local MSMEs while helping them achieve their highest potential.”

Jagjeet Harode, Senior Director & Head – Marketplace, Flipkart, said, “The partnership with the Government of Assam is a continuation of Flipkart and Walmart’s commitment to

MSMEs, artisans, weavers, and women entrepreneurs across every state in India. Through programs such as Walmart Vriddhi and Flipkart Samarth, our aim is to assist them with business expansion on online marketplaces. We look forward to working with MSMEs from Assam, helping them build capacity and take advantage of the rapidly growing digital economy in India.”

N Raghunathan, Cofounder and Mentor, Swasti, said, “The development and expansion of MSMEs in the state will be aided by this relationship with the Assam government. Through the Vriddhi initiative, we are dedicated to helping MSMEs in becoming more resilient for the future and supporting their participation in regional, national, and global supply chains.”

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