Reliance Consumer Products signs MOU with Fazer

Reliance Consumer Products signs MOU with Fazer

Reliance Consumer Products Ltd (RCPL) has signed a ₹40,000-crore Memorandum of Understanding (MoU) with India’s Ministry of Food Processing Industries to establish integrated food manufacturing facilities nationwide, as disclosed at the World Food India 2025 event. The agreement aligns with Reliance Industries’ broader strategy to create “Asia’s largest integrated food parks” leveraging AI-driven automation, robotics, and sustainable technologies, announced during its August 2025 annual general meeting.

Under the MoU, RCPL will initially invest ₹1,500 crore to develop facilities in Katol (Maharashtra) and Kurnool (Andhra Pradesh), focusing on food and beverage production. These units are expected to commence operations by 2026, with the Maharashtra government providing regulatory and financial support. The move follows RCPL’s rapid growth as a fast-moving consumer goods (FMCG) entity, generating over ₹11,000 crore in revenue within three years of its inception.

RCPL’s expansion plans include acquiring consumer brands like Tagz Foods and launching in-house products under labels such as Campa and Independence. Isha Ambani, Reliance Industries director, emphasized the FMCG unit’s role as a “blueprint for expansion” into apparel, electronics, and other sectors, with a target of ₹1 lakh crore in revenue within five years. The company’s demerged structure, approved by India’s National Company Law Tribunal, positions it to attract specialized investors distinct from those supporting Reliance’s retail arm.

This investment underscores India’s growing appeal as a manufacturing hub and reflects RCPL’s ambition to become the country’s largest FMCG player with global reach.