The Shree Market Silk Merchants Association will posthumously honor Dhirubhai Ambani with its "Lifetime Achievement Award" during their 77th anniversary celebrations of serving the textile sector. Ambani, the visionary founder of Reliance Industries, held a 30-year membership with the Association.

Founded in 1948, with Sheth Shree Girdharlal Dwarkadas presiding over its inaugural meeting as President, the Shree Market Silk Merchants Association has significantly bolstered the advancement and trade of Silk and Art Silk fabrics. Beyond its core industry focus, the Association extends valuable arbitration, legal counsel, and educational support to its membership.

In Mumbai, Textile Commissioner M/s Roop Rashi and Maharashtra Cabinet Minister Mangal Prabhat Lodha will preside over an event honoring the past presidents and members of the Shree Market Silk Merchants Association.