Ndia among most exciting markets globally’

The Indian retail ent has its own uniqueness the country is one of the t exciting markets globally is poised to grow to over a on dollars by 2025, accordo Walmart Inc President chief executive officer (CEO) g Mcmillon. eaking at the Cone@walmart event, Mcmiloted that given the diversity e Indian market, the comhas to “think local and exelocally”. ndia is such a diverse marrently, Walmart is not allowed to make a foreign direct investment in multi-brand retail (physical brick and mortar store) and so, the company operates in a different way.

“I do think we have seen and will see generation skipping in India, which will be exciting and some of that learnings, we will bring back to other markets that we have,” he said.

He highlighted that India is one of the top three markets, along with the US and China.

The Converge@walmart event is the flagship event of Walmart Global Tech India.

“We think the future is very bright, and we are going to see a

AHe pointed out that Walmart’s

ketplace

sellers, and the the Indian market.

The Walmart veteran said the role of technology in all of Walmart’s markets, including India, is more important than ever.

“Companies that are born recently that are more digitally native have some advantages. It’s also true that in an omni-channel world, some of the older companies that may employ more people have more physical assets would have some advantages, but only if those older businesses - in our case an older larger business - have an openness, and an ability to change,” said Mcmillon.

However, he also said leading a digital transformation at scale