Reliance Retail establishes JV with Office Depot

Mumbai, Apr 22 (UNI) Reliance Retail Limited (RRL) and Office Depot, a leading global provider of office products and services, today announced forming a joint venture to provide office products and services to business customers in India.

With this partnership, Office Depot marks its entry in India, one of the top 15 office product markets in the world, Reliance Retail said in a release here.

To accelerate the rollout, the JV had acquired eOfficePlanet, one of the largest dealers of office products and services to corporate customers in India. eOfficePlanet provides a full range of national and private brand office products and solutions to its customers, serving India's many blue chip and multinational corporations.

The Company offers a broad array of business consumables including office stationery and supplies, office technology, printing solutions, corporate gifting, promotional products, break room, canteen, pantry, janitorial supplies and other items across India's largest cities.

The joint venture would combine the global resources of Office Depot with the local market knowledge and resources of Reliance Retail Limited to establish a sophisticated supply chain network and enhance eOfficePlanet's merchandizing and sourcing capabilities.

"Reliance Retail has embarked on an ambitious plan to transform the retail market in India. To provide a range of options for business customers, we have partnered with Office Depot. This partnership reflects a powerful combination of category leading expertise and global sourcing capabilities of Office Depot with the immense distribution reach and deep customer understanding that Reliance Retail has achieved," said Bijou Kurien, President and CEO of Lifestyle for Reliance Retail, in the release.

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