Delta-Galil Enters Indian Market for the first time in Partnership with Reliance Industries

Delta Galil, the Israeli underwear and sportswear manufacturer, has announced its entry into the Indian market for the first time. The company, controlled by Isaac Dabach, is establishing a joint venture with Reliance Industries, one of India's largest retail corporations.

This strategic collaboration will allow Delta Galil to produce products for Reliance’s private labels while also potentially selling its brands across the Indian market, which will be distributed through Reliance’s extensive retail network.

Focus on Growing Market Sectors

Delta Galil specializes in underwear and sportswear, two categories that are expected to grow significantly in India in the coming years. The company plans to leverage its partnership with Reliance to expand its distribution through retail stores, wholesale channels, and digital platforms. With its population of 1.4 billion consumers, India presents vast growth potential, and Delta aims to sell its products in thousands of Reliance's retail stores.

Reliance’s Retail and Digital Dominance

Reliance Industries, a giant in the Indian retail sector, operates across various industries including fashion, electronics, and pharmaceuticals, both through physical stores and online platforms. In March 2024, Reliance reported an annual turnover of $37 billion and a net profit of $1.3 billion, underscoring its market dominance and capacity to fuel Delta Galil’s expansion.

Delta Galil’s Financial Growth

Delta Galil’s entry into the Indian market comes on the back of strong financial performance. In the second quarter of 2024, the company reported a 6% growth in sales, reaching $472 million. Net profit surged by 40% to $21 million during the same period, positioning Delta for continued success as it taps into new markets like India.