Reliance Consumer Products Signs INR 40,000 Crore MoU to Build Food Parks

Reliance Consumer Products Ltd (RCPL), a fast-growing arm of Reliance Industries, has announced a major step to transform India’s food manufacturing sector. The company has signed a INR 40,000 crore Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries. The plan aims to set up integrated food parks across the country and create “Asia’s largest food parks” using advanced technology and sustainable solutions.

Reliance’s Big Bet on Food Processing

The MoU was signed at the World Food India 2025 event held in Delhi. According to RCPL, these food parks will use Artificial Intelligence (AI), robotics, and automation to modernize India’s food processing landscape. This move is expected to boost domestic production capacity, reduce reliance on imports, and create thousands of new jobs.

Reliance Industries had first announced this vision during its Annual General Meeting (AGM) in August. At the AGM, the company highlighted plans to invest more than INR 1,500 crore in advanced food manufacturing hubs in Katol, Nagpur (Maharashtra), and Kurnool (Andhra Pradesh). These hubs will focus on food products and beverages, strengthening Reliance’s presence in the FMCG space.

RCPL’s Rapid Growth in FMCG

In just three years, RCPL has emerged as one of India’s fastest-growing FMCG players. The company has already crossed INR 11,000 crore in revenue. It has expanded its portfolio through acquisitions such as Tagz Foods and launched several in-house brands, including Campa, Independence, Alan’s, Enzo, and Ravalgaon.

RCPL was earlier a part of Reliance Retail but now operates as a direct subsidiary of Reliance Industries. This structure has allowed it to scale faster and compete with leading FMCG companies in India.

At the AGM, Isha Ambani, Director of Reliance Industries, called RCPL one of the group’s key “growth engines.” She stated that the company’s goal is to reach INR 1 lakh crore in revenue within the next five years and expand globally. She also added that the FMCG business would act as a “blueprint for expansion” into other consumer areas like apparel and electronics.

Conclusion

Reliance’s INR 40,000 crore investment marks one of the largest commitments in India’s food processing sector. By combining technology, scale, and sustainability, RCPL is not only aiming to become the largest FMCG company in India but also positioning itself for a global presence. The integrated food parks are expected to reshape India’s food manufacturing industry and open up new opportunities for farmers, suppliers, and consumers alike.

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StartupTalky- Business News, Insights and StoriesNitin Konde