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The Mumbai Indians were established in 2008 as part of the inaugural season of the Indian Premier League (IPL). The franchise is owned by India’s largest conglomerate, Reliance Industries, with Nita Ambani, the wife of Reliance Industries’ chairman Mukesh Ambani, serving as its chairperson. Since its inception, the Mumbai Indians have become one of the most valuable franchises in the IPL, known for their strong brand presence and consistent on-field performances.