The Flipkart-Walmart deal is a game changer
The Flipkart-Walmart deal is expected to create jobs and efficient agriculture supply chains, and increase the flow of FDI through a cascading effect on other industries
Walmart’s jaw-dropping investment in Flipkart is the summer blockbuster we have all been waiting for—a marriage between the iconic American brick-and-mortar company and an Indian e-commerce start-up that has shaken up the retail and e-commerce scene in India and beyond. Beyond the sheer size of the investment—a whopping $17 billion for a 77% stake—the deal is a game changer for US-India commercial ties. Walmart’s investment demonstrates India’s growth as a formidable marketplace, one with the potential to transform the entire retail and e-commerce sector, connect with consumers efficiently through a robust e-commerce platform, and create jobs for the rural economy through Walmart’s immense brick-and-mortar supply chains. The deal also underscores the American business community’s new approach to investment in India, focused not only on profit-generating investments, but also on creating impact for communities at large through long-term sustainable partnerships.