BARCELONA, Spain — Wal-Mart's India operations could account for as much as $10 billion in sales within the next five to seven years, according to an executive with Bharti Enterprises, which inked a joint-venture agreement with Wal-Mart in late 2007 to develop the region. Speaking on a panel at the World Retail Congress here, Rajan Bharti Mittal, managing director of Bharti Enterprises — a leading telecoms provider in India — stated: “In five to seven years, telecoms and retail should be ...
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