Resurfacing a May 2018 move: Walmart's $16B Flipkart deal spotlights India's retail FDI potential
Revisiting Walmart's May 2018 investment in Flipkart, valued at more than $20 billion, which signalled confidence in India's nascent e-commerce market and raised expectations for faster investment in grocery supply chains, private labels, manufacturing and retail-policy reform.
Walmart’s over-$16 billion Flipkart investment signals strong confidence in Indian retail and e-commerce, intensifying competition and potentially accelerating grocery supply chains, private labels, manufacturing investment and reform of India’s retail FDI policy.