"I am glad the youngest Indian Test cricketer Parthiv Patel joins the great Reliance family. His investiture marks the beginning of a new era," Reliance executive in charge of Gujarat Parimal Nathwani said at the function in Ahmedabad.
This is the first time that Reliance has inducted any sportsperson as its employee, company sources said.
Declining to reveal the "handsome" pay package for Patel, Nathwani said the job would be akin to a 'sports advisor' and clarified that the cricketer would not be a brand ambassador.
Patel, whose popularity soared after scoring 69 against archrivals Pakistan in the third and final Test, said that the company has asked him only to concentrate on his game.
Patel was given the company's blazer and cap on the occasion.
"I am both humbled and enthusiastic about joining Reliance, which has inducted me just at the onset of my career," Parthiv said.