Mukesh Ambani’s Reliance Consumer to Invest INR 1,156 Crore in Tamil Nadu for New Manufacturing Plant

According to state minister TRB Rajaa, Reliance Consumer Products Limited will invest INR 1,156 crore to establish an integrated manufacturing facility in Tamil Nadu. The plant will be established in SIPCOT Allikulam Industrial Park in Thoothukudi, Tamil Nadu, the State Industries Minister wrote in a post on X.

Over the next five years, 2,000 jobs in Tamil Nadu will be created by the Reliance facility, he said. According to Rajaa, this 60-acre factory will concentrate on producing a variety of goods, including biscuits, atta, spices, edible oil, and regional munchies. For TN, it will create 2,000 local jobs over the next five years.

Investments Pouring In for TN

Two Central Government Public Sector Undertakings (PSUs), Cochin Shipyard Ltd and Mazagon Dock Shipbuilders Ltd, had previously announced plans to invest a total of INR 30,000 crore to build state-of-the-art Greenfield commercial shipyards in Tamil Nadu, significantly enhancing the state's industrial landscape.

MoUs would create 55,000 jobs and signal Tamil Nadu's notable ascent as a global centre for shipbuilding and maritime innovation, according to a social media post published by BJP politician Amit Malviya.

According to the BJP leader's post, Cochin Shipyard Ltd. has invested INR 15,000 crore and created 10,000 jobs (4,000 direct and 6,000 indirect) in Phase 1. Mazagon Dock Shipbuilders Ltd.: 45,000 employees (5,000 direct, 40,000 indirect) | INR 15,000 crore investment.

Together, these two Ultra Mega MoUs will create 55,000 jobs and solidify Tamil Nadu's position as a global centre for shipbuilding and maritime innovation, Malviya continued. This is a wave of growth, sustainability, and future possibility, not just an investment. "We appreciate Prime Minister Narendra Modi's vision and steadfast support of Tamil Nadu's development, he opined.

Raja praised Chief Minister MK Stalin's leadership for these advancements and added that Tamil Nadu continues to draw major national FMCG companies to the state under the Dravidian Model leadership of Chief Minister Thiru. MK Stalin avargal, and the state is not ignoring any significant sector.

Reliance Retail to go Public Soon

As the oil-to-telecom giant founded by billionaire Mukesh Ambani prepares for an IPO for its retail division, Reliance Industries Ltd has moved all of its consumer goods brands to a new wholly-owned company.

The brands that were previously in the ownership of Reliance Retail Ltd., Reliance Retail Ventures Ltd., and Reliance Consumer Products Ltd. have been transferred to the so-called New Reliance Consumer Products Ltd., or RCPL. These brands include clothing, fashion, food, personal care, and beverages.