| Pantaloon arm, US-based Staples in stationery JV |
| Our Web Bureau / Mumbai January 18, 2007 |
| Pantaloon Retail India today announced a joint venture between US-based Staples, Inc. and its new office products business unit, Future Office. The JV firm will serve businesses of all sizes through delivery as well as cash-and-carry locations, offering a wide range of office products from core office supplies to printers to computers. According to an official release issued by the company to the BSE today, the agreement establishes a platform for Staples to enter the $10 billion office products market in India and allows it to benefit from the industry expertise and sourcing network of the world |
