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Andhra Pradesh Urges Walmart to Expand Sourcing

Summary

  • Andhra Pradesh asked Walmart to source more from local MSMEs.
  • The state wants Walmart to include artisans and women's groups.
  • Walmart already sources millions of pounds of shrimp annually.
Andhra Pradesh Urges Walmart to Expand Sourcing

Andhra Pradesh is actively seeking to expand its economic ties with US retail giant Walmart. The state's IT and HRD Minister, Nara Lokesh, met with Walmart representatives to propose increased sourcing from local Micro, Small, and Medium Enterprises (MSMEs), women-led self-help groups, and artisans.

This strategic move aims to diversify Walmart's procurement from Andhra Pradesh, which currently focuses on seafood and pharmaceuticals. The minister suggested Walmart organize a dedicated sourcing event in the state, building on previous successful supplier summits.

Walmart is already a significant buyer of Andhra Pradesh's shrimp, sourcing over 65 million pounds annually. The company also procures pharmaceuticals, textiles, and engineering goods from the region. Flipkart's presence has also generated substantial employment and infrastructure development.

Discussions included creating dedicated channels within Walmart and Flipkart's supply chains for products from women's groups and artisans, potentially marketed under state brands like Swayam AP and Lepakshi. Walmart has indicated it will review these proposals.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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