In 1837 the firm of Ralli and Agelasto was established in Tabriz as a branch of Ralli Brothers. It began trading in metals, hemp, silk, gums and other commodities. Rallis had branches at Trebizond, Rostoff and Taganrog under the overall care of Stepahnos's eldest son, John Ralli. The vast reach of this extensive network gave Ralli Brothers the important position they carved for on the Baltic Exchange, the headquarters of the Grain Trade. The firm of Ralli Brothers was expanding rapidly.
As the 1840s drew to a close, there were signs of slowing down. Pandias Stephen Ralli soon realized that the dominant trade in London lay not in the Black Sea Trade but in the vast untapped markets of India and China, now opened to private trading after the abolition of the East India Company's rights. The need to hedge the risk of over-dependence on the Black Sea business was apparent and a new opportunity was opening up. Thus it came to pass that in 1851, Pandias Stephen Ralli, head of the well-known merchant firm of Ralli Brothers made the momentous decision to launch them selves in India.+ Read More
Nature of BusinessManufacturer
Legal Status of FirmPublic Limited Company