Walmart and Flipkart today announced a Memorandum of Understanding (MoU) with Tamil Nadu’s Department of Micro, Small and Medium Enterprises (MSME), to establish long-term cooperation for providing capacity building support to MSMEs in the state.
Through the Walmart Vriddhi Supplier Development Program (Walmart Vriddhi), delivered by knowledge partner Swasti, entrepreneurs and small businesses receive training free of cost, through a blended learning approach.
The program provides opportunities to join online, offline and export channels, and reach pan-India and global marketplaces as part of the supply chains of Walmart, Flipkart, and other leading companies.
The program will also organise training seminars and workshops to further enable growth and development of small and medium businesses in the state. Graduates of the program are expected to play an integral role in helping Walmart triple its annual exports from India to $10 billion by 2027.
With e-Institutes in Panipat and Agra, as well as a presence in other locations, the program provides a digitally enhanced learning experience through online modules with personalized feedback and one-on-one advisory sessions. Thousands of entrepreneurs are already working through the multi-level training program, and as a result, many are already selling on the Flipkart marketplace, utilizing their digital capabilities, and selling to customers across India.