Apr 23, 2024
Mukesh Ambani, India’s wealthiest individual with a staggering real-time net worth of Rs 9.2 lakh crore, has strategically laid the groundwork for the future of Reliance Industries.
While Akash Ambani takes the helm at Reliance Jio and Anant Ambani steers Reliance Energy, it’s Isha Ambani who oversees the triumphant trajectory of Reliance Retail, a company with a colossal pre-money equity valuation of Rs 8.3 lakh crore as of August 2023.
Akin to Mukesh Ambani’s trusted man, Manoj Modi, Isha has her strategic ally in Darshan Mehta, head of international fashion and lifestyle brands portfolio under Reliance Brands Limited (RBL).
Darshan Mehta, a Chartered Accountant by profession, commenced his career in advertising and later became a senior executive at Trikaya Grey Advertising, now under the umbrella of WPP.
Noteworthy is Mehta’s salary of Rs 4.89 crore for the fiscal year 2020-2021, as reported by Reliance Retail’s filings and DNA India.
A luminary in the fashion business, Mehta was honored with the Fashion Business Award at the inaugural GQ Style Awards in 2018 for his profound influence on the fashion landscape in India.
Darshan Mehta’s impact goes beyond financial figures; he has been instrumental in turning Reliance Retail into a formidable force in the luxury and retail sector.