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Indian minister urges Walmart to work with khadi sector

28 Oct '20
2 min read
Pic: Shutterstock
Pic: Shutterstock

Indian minister for micro, small and medium enterprises (MSME) Nitin Gadkari recently urged US retailer Walmart to work with khadi and village industries to take their products, including khadi denim, to global markets. Walmart can engage with sectors like handloom, handicrafts and other village industries, the minister suggested in a virtual event.

"They (industries) have unique types of products that are definitely going to give you more business. At the same time, it creates job opportunities in India. Our target is to increase exports, and Indian MSMEs must become part of the global supply chain," he was quoted as saying by a news agency.

In December last year, Walmart said it would open 25 institute hubs in India over the next five years, which would train 50,000 entrepreneurs from the MSME sector. The institutes are to be opened under the Walmart Vriddhi Supplier Development Programme and would be strategically located near manufacturing clusters.

The company yesterday said it is adding interactive online training experiences and personalised mentoring to the programme, with access to resources and experts to support growth for MSMEs.

Walmart Vriddhi's first all-digital e-institute will initially be open to MSMEs in Panipat, Sonipat and Kundli, an area that is a hub of textile, steel and kitchenware production with a strong entrepreneurial heritage and a skilled workforce.

In the future, it will offer a mix of digital and in-person training, mentoring and network experiences via physical Vriddhi Institutes when conditions are favourable, Nittin Dutt, senior director and head at Walmart Vriddhi, said.

Eligible MSMEs can access the digital training experience through a mobile application available on iOS and Android in both English and Hindi. Vriddhi will progressively roll out e-institutes to other regions in India, providing tailored training, mentoring and ecosystem support.

Fibre2Fashion News Desk (DS)

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