Ambanis vs Birlas: India's luxury market just got a lot more interesting

Business Nov 25, 2025

Galeries Lafayette is opening in Mumbai with Aditya Birla Group, setting up a direct face-off with Reliance's Jio World Plaza.
Both giants are after India's growing luxury market—expected to jump from $7.7 billion to $12 billion by 2028—and are especially eyeing young startup millionaires and affluent families who now see luxury as a form of self-expression.

What's changing for shoppers?

Reliance Brands already has over 90 premium labels (including exclusive Balenciaga rights), while Aditya Birla Fashion is doubling down on Indian designer names like Sabyasachi.
With Galeries Lafayette bringing 250+ mostly new brands to India, analysts say this rivalry means more choices and less need to shop abroad for that luxury fix.