Walmart Inc., plans to invest $500 million to roll out forty-seven wholesale stores in India by the end of 2022. Of the current twenty-three outlets, nineteen have already achieved break even status with over a million members. Walmart India offers approximately 5,000 items through its cash-and-carry wholesale format.
In May this year, Walmart acquired a controlling 77 percent equity stake in e-commerce company Flipkart from existing shareholders for $16 billion. While talking about possible cannibalization of sales by Flipkart, Walmart India’s president and CEO Krish Iyer explained that both are in different segments — Walmart offers B2B services, while Flipkart focuses on individual customers.
Last updated: December 26th, 2025
