By Sumaila Zaman

Copyright india

Reliance Consumer Products Ltd (RCPL) on Thursday signed a Rs 40000-crore agreement with the Food Processing Industries Ministry to establish integrated food manufacturing facilities across the country according to sources as reported by news agency PTI. The Memorandum of Understanding (MoU) was reportedly signed at the World Food India 2025 event in Delhi according to media reports.
What is the Rs 40000-crore MoU signed by Reliance about?
Under the MoU RCPL will invest more than Rs 1500 crore to create integrated facilities for food products and beverages in Katol Nagpur (Maharashtra) and Kurnool (Andhra Pradesh).
During its annual general meeting in August Reliance Industries had announced the investment plan stating it would create Asias largest integrated food parks with AI-driven automation robotics and sustainable technologies.
Where will the new integrated food manufacturing facilities be established?
RCPL which emerged from Reliance Retail has become a direct subsidiary of Reliance Industries. It has become one of the fastest-growing fast-moving consumer goods companies in India with revenues exceeding Rs 11000 crore in less than three years after its formation.
Why is Reliance Consumer Products investing in pan-India food manufacturing facilities?
At the August AGM Reliance Industries director Isha Ambani said that RCPL was among the groups growth engines and aimed to achieve revenue of Rs 1 lakh crore within five years with a global presence.
Our long-term ambition is to become Indias largest FMCG company with a global presence Ambani had said adding that the FMCG business would serve as a blueprint for expansion into apparel electronics and other consumer categories.
RCPL has purchased a number of consumer brands such as Tags Foods as well as rolled out its own lineup of goods under the names Campa Independence Allen Enzo and Rawalgaon ranging from soaps to cola products. In 2022 RCPL was carved out from Reliance Retail to become a subsidiary of Reliance Industries directly.
STORY HIGHLIGHTS
RCPL will invest more than Rs 1500 crore to create integrated facilities for food products and beverages
Reliance Industries had announced the investment plan stating it would create Asias largest integrated food parks.
The Memorandum of Understanding (MoU) was reportedly signed at the World Food India 2025 event.
RCPL has acquired several consumer brands including Tagz Foods.
In July of this year Mukesh Ambani the owner of Reliance Industries began a restructuring process within his comparatively relatively corporate group which is led by its leadership group Reliance Industries. Subsequently over 15 of its FMCG brands including Campa Cola are in the process of being integrated into the new company from their current state in Reliance Retail Ventures.