Mr. Trambaklal A. Damani was working with his father Late. Mr. Anderjee Manekchand Damani who had his offices in Addis Ababa, Dire Dawa (Ethiopia), Aden, Djibouti (Somali Coast) in the name of “Anderjee Manekchand” mainly engaged in the Import of Textiles from Japan, India, U.K., Germany, U.S.A. and Italy for about 70 years. They also had agency of Bridgestone Tyres, Japan.
In the year 1958, Mr. Trambaklal A. Damani came to India and started a partnership firm namely “Reliance Commercial Corporation” with his cousin brother Mr. Dhirubhai H. Ambani doing exports of Spices & Artsilk. In the year 1965, business from this partnership was taken over by Mr. Trambaklal A. Damani by starting a new concern namely “Ashvin Traders” and started exports of Spices to main world markets such as Western Europe, U.S.A., Japan, Middle East and was also dealing in Art Silk Yarn in the local market. Later on, the firm has also started exporting all kinds of Handicrafts and Immitation Jewellery.