Considered close to both Isha Ambani and her father Mukesh Ambani, Darshan Mehta joined Reliance Brands as the first employee of the company back in 2007 when the company was established by Mukesh as a subsidiary of Reliance Retail.
Mukesh Ambani, the richest man in India as well as Asia, has entrusted various businesses, all subsidiaries of his flagship Reliance Industries, to his three children — Isha Ambani, Akash Ambani, and Anant Ambani. Akash Ambani heads Reliance Jio, Isha Ambani runs Reliance Retail, while the youngest, Anant Ambani is charged with running Reliance Energy.
However, Mukesh Ambani has deployed his trusted aides to guide his children to run their respective businesses, helping them achieve success in the cutthroat business world. Isha Ambani, the head of Reliance Retail employs services of one such person who has helped her make the company one of best performers for Reliance Industries.
Isha’s Reliance Retail, which is valued at a whopping Rs 8.3 lakh crore, and part of success is credited to Darshan Mehta, the business head of Reliance Brands, who has made Reliance Retail into a powerful entity and one of the best performing subsidiaries of its parent company, Reliance Industries.
Who is Darshan Mehta?
Considered close to both Isha Ambani and her father Mukesh Ambani, Darshan Mehta joined Reliance Brands as the first employee of the company back in 2007 when the company was established by Mukesh as a subsidiary of Reliance Retail. Today, Darshan Mehta serves as the business head of Reliance Brands, and has helped make Reliance Retail a successful endeavor under the leadership of Isha Ambani.
Notably, Darshan Mehta started his career in the advertisement industry before foraying into the retail sector. While working for Reliance Retail, Mehta is credited with introducing top international brands like Gant, Nautica, and Tommy Hilfiger to the Indian retail market, giving Isha’s company an edge over others.
Isha Ambani has also given Mehta his due by crediting him for the massive success of Reliance Retail in a short period of time. Speaking at the Reliance Industries event, Isha lauded Mehta’s role in transforming the fortunes of Reliance Retail and making it a powerful force in the retail space.
Darshan Mehta salary
According to reports, Darshan Mehta received a Rs 4.89 crore in the 2020-21 financial year on top of other benefits and perks. Mehta’s business acumen has helped make Reliance Retail a contender for leading India’s retail industry in the near future, experts believe.
About Reliance Retail
Mukesh Ambani’s daughter, Isha Ambani, runs Reliance Retail, a subsidiary of Reliance Industries. The retailer marketer is a partner brand major international brands such as Versace, Amiri, Armani, and Balenciaga, bringing reputed international brands, into the Indian market.
Reliance Retail, which has an estimated value of around Rs 8.3 lakh crores, has witnessed exponential growth in a short period of time, opening 3,300 stores across the country in they year 2023.