Wonderful news for businesses as Flipkart signs MoU with Tamil Nadu Government. This news is a great opportunity for businesses to have MSME Registration. Walmart and Flipkart inked a memorandum of understanding (MoU) with Tamil Nadu’s Department of Micro, Small, and Medium Enterprises (MSME) on Wednesday to develop long-term collaboration for capacity building support to MSMEs in the state. This article discusses the latest update of Flipkart and MSME collaboration in detail.
Know about Walmart Vriddhi Supplier Development Programme for Businesses having MSME Registration
- In 2019, Walmart Vriddhi Supplier Development Programme was launched.
- The initiative intends to give business expertise and training for free to over 50,000 small and medium-sized companies across India in order for them to become successful partners for Walmart, Flipkart, and other global marketplaces.
- A large number of entrepreneurs are taking part in the multi-level education program. Thus, Members of the initiative will play a critical role in assisting Walmart to increase its yearly exports to India to $10 billion by 2027.
- It delivers an eLearning experience that is supplemented by online modules which also give personal feedback and personalized advisory consultations through e-Institutes in Panipat and Agra, in addition to availability in other locations.
Flipkart Signs MoU with Govt Department for MSMEs under Walmart Vriddhi Supplier Development Program
Entrepreneurs and businesses having MSME Registration receive free training through the Walmart Vriddhi Supplier Development Programme. The scheme is also popularly known as Walmart Vriddhi.
Walmart Vriddhi Supplier Development Programme is offered by knowledge partner Swasti. The program offers various opportunities for MSMEs. For example, opportunities to join online, offline, and export channels, as well as reach pan-India and worldwide marketplaces as part of Walmart, Flipkart, and other prominent firms’ supply chains.
Now, Tamil Nadu’s MSME Department has signed an MoU(Memorandum of Understanding) with Flipkart under Walmart Vriddhi Supplier Development Programme. Consequently, The initiative will also provide training courses, seminars, and workshops, etc. to help small and medium-sized enterprises in the Tamil Nadu State grow.
Vice President of Walmart on signing MoU with MSME Department
“Through Walmart Vriddhi, we look forward to partnering with the Government of Tamil Nadu and supporting their efforts to build a robust MSME ecosystem, by providing potential access to online and offline markets in India and globally, as well as providing local training and support at no cost,” said Nidhi Munjal Vice President of International Partnership Services, Walmart. We’re determined to double in the number of Indian exports, which will reach $10 billion annually in 2027. Also, We will continue to offer support for small-scale businesses that will allow them to grow and flourish.
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