Walmart Supports Women-Owned Businesses in India
(3BL Media/Justmeans) – Global companies can use their size and scale to improve the lives of underserved women and help women-owned businesses (WOBs) around the world to succeed and grow. Walmart has committed to source $20 billion from women for its U.S. business and double sourcing from WOBs internationally.
As a part of Walmart’s ongoing commitment, its wholly owned subsidiary Walmart India has launched an innovative entrepreneurship development program for WOBs. The program aims to improve the skills, capability and sustainability of WOBs. Walmart India has joined hands with WEConnect International and Vrutti to implement the training program.
The initiative includes a unique training curriculum that has been designed to help women entrepreneurs achieve higher levels of business growth. Training will be imparted through workshops and mentoring sessions with technical experts, established WOBs, academic experts and business managers.
Jenny Grieser, Senior Director of Women’s Economic Empowerment for Walmart, said that the company is proud of the work that Walmart India is doing to promote economic empowerment of women. The endeavor is not only the right thing to do, but also good for the company’s business growth. The leadership of Walmart India in empowering women will serve as a model that can be replicated in other countries.
The first phase of the program will include participation of 25 WOBs in the regions of New Delhi, Uttar Pradesh, Punjab, Andhra Pradesh and Telangana. Krish Iyer, President and CEO, Walmart India, said that the company is committed to supporting WOBs as a part of its supply chain in India. Enhancing the capacity of women entrepreneurs and providing them with the skills to scale up their business will ultimately help Walmart India continue to offer a wide assortment and quality local products to the consumers.
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