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Reliance Retail forms joint venture with Office Depot

NEW DELHI: Mukesh Ambani-owned Reliance Retail Limited (RRL) on Tuesday announced a joint venture with Office Depot, a leading global player in office products and services.With this partnership, Office Depot marks its entry into India — a market which is one of the top 15 office product markets in the world. To accelerate the rollout of their joint venture, Reliance Retail and Office Depot also announced the acquisition of eOfficePlanet®, one of the largest dealers of office products and services to corporate customers in India, according to a release.

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 and promotional products; break room, canteen, pantry and janitorial supplies; and other items across India’s largest cities. The joint venture will combine the global resources of Office Depot with the local market knowledge and resources of Reliance Retail Ltd. to establish a sophisticated supply chain network and enhance eOfficePlanet’s merchandising and sourcing capabilities.

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