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Darshan Mehta, former Managing Director and CEO of Reliance Brands Ltd. (RBL), passed away on Wednesday after suffering a heart attack, according to a source close to the matter, as reported by Indiaretailing. His passing marks a significant loss for the retail and fashion industry in India, where he was widely regarded as one of the key architects of the country’s premium and luxury retail landscape.
Mehta had been part of Reliance Brands since its inception in 2007, leading the company for over 17 years. During his tenure, he played a pivotal role in building the foundation of India’s modern retail ecosystem by introducing and scaling more than 90 international fashion and lifestyle brands across the country. These included brands such as Valentino, Versace, Armani, Bottega Veneta, Coach, Jimmy Choo, Pottery Barn, Muji, Zegna, and Boss.
Before joining Reliance, Mehta led Arvind Brands Ltd. as its President from 2001 to 2007. His efforts during that period contributed significantly to building India’s early branded apparel portfolio, a move that would later become foundational to the country’s organised fashion retail market.
Known for his strategic vision and deep understanding of consumer behavior, Mehta was among the first to identify the long-term potential of global luxury retail in India. Colleagues and industry peers recall his ability to build relationships and navigate complex markets with a calm yet decisive approach.
