Staples is set to profit from India's booming office-supply market
In world trade, India's economy continues to provide strong demand for other countries' exports.
Take Indian trade in office and telecom equipment in 2005, for example.
According to the World Trade Organization (WTO), India's exports of office and telecom equipment in 2005 was US$989 million. Imports for this type of equipment into India was $10.4 billion over the same period.
The rest of the world is taking note of India's strong demand for office equipment. Office supply king Staples has announced a joint venture with Future Office, a unit of India's Pantaloon Retail Ltd. Through Future Office, the American office-supply company will offer delivery and cash-and-carry locations in India.
Future Office will also expand its delivery operations to include key Indian cities Delhi, Mumbai, Bangalore, Hyderabad, Chennai, Kolkata, Pune, Ahmedabad, Indore and Chandigarh.
