Wal-Mart’s India deal no great loss for Tesco

The UK retail giant may have lost out on a contract with mooted partner Bharti to step into India s £120bn retail sector. But in retail, being first isn t always best. And India has plenty more rich familyowned conglomerates to go around. The UK retail giant may have lost out on a contract with mooted partner Bharti to get a foothold in India s $210bn retail sector. But in retail, being first isn t always best. And India has plenty more rich familyowned conglomerates to go around.