Walmart and Flipkart signed MoU with Madhya Pradesh

Current Context: Walmart and its subsidiary Flipkart signed MoU with the Government of Madhya Pradesh.

• They have signed MoU to create an ecosystem of capacity building for MSMEs in MP.
• The state’s Department of MSME, Walmart, and Flipkart will help MSMEs to transform to digital domain so that they can sell their products across India through online retail platforms.
• This will enhance the export potential of MSMEs.
• The MSMEs in the state will be able to become part of Walmart's global supply chain.
• The partnership was made under Walmart Vriddhi Supplier Development Programme. Hence, due to partnership, the MSMEs will be able to scale up their businesses and adopt advanced technologies.