Walmart Increases Imports From India As It Shifts Focus From China

KEY POINTS

• A quarter of Walmart's U.S. imports between January and August were from India
• The share of Indian imports stood at 2% in 2018
• China still remains Walmart's main source for shipments to the U.S.

Walmart is importing more goods to the U.S. from India as it aims to diversify its portfolio away from China and cut costs.