Wal-Mart May Win in India as Carrefour, Tesco Battle Slump

Wal-Mart May Win in India as Carrefour, Tesco Battle Slump

David Paul Morris/Bloomberg

In the biggest policy push of Prime Minister Manmohan Singh’s second term, India on Sept. 14 opened the gates for overseas retailers to enter a market that Technopak Advisors Pvt. estimates will expand 44 percent from this year to $725 billion in 2017.