Corporate Investor

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Alok Industries

Alok Industries was founded in 1986 by the Jiwrajka brothers as a textile manufacturer focused on yarns, garments, and home textiles. The company maintains...

Alok Industries logo

Alok Industries

Alok Industries was founded in 1986 by the Jiwrajka brothers as a textile manufacturer focused on yarns, garments, and home textiles. The company maintains manufacturing sites in Vapi, Silvassa, and Navi Mumbai along with commercial property at Peninsula Business Park in Lower Parel. Operations span domestic retail and export markets. The firm holds industrial land banks and processing units in western India. Grabal Alok (UK) extends the retail footprint into England, Scotland, and Wales. Reliance Industries Limited assumed operational control after the 2020 insolvency acquisition. No recent public updates on leadership changes or new deployments have appeared in the last 24 months. The ownership structure places Alok under a larger industrial conglomerate rather than a dedicated investment vehicle, with governance tied directly to Reliance management.

General information

Firm type

Corporate Investor

Year founded

1986

AUM

Undisclosed

Location

Region

Asia

Country

India

City

Mumbai

Corporate office

Mumbai, India

Principals

Dilip B. Jiwrajka

Former Managing Director

Ashok B. Jiwrajka

Former Executive Chairman

Surendra B. Jiwrajka

Former Joint Managing Director

Sector focus

Textiles

Frequently asked questions

Who controls investment and operational decisions at Alok Industries?

Reliance Industries Limited holds 40.01 percent and manages day-to-day operations following the 2020 insolvency acquisition.

What asset classes does Alok Industries deploy capital into?

The firm operates manufacturing plants, industrial land banks, and retail outlets focused on textiles and related real estate.

Does Alok Industries participate in external fund commitments?

No external fund commitments are disclosed; capital deployment occurs through direct ownership of operating assets and subsidiaries.

Where does the underlying ownership of Alok Industries reside?

Reliance Industries Limited and JM Financial Asset Reconstruction Co. together own 75 percent of the equity acquired through the insolvency process.

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