Reliance Consumer Products announces Rs 40,000-cr investment in food parks

Reliance Consumer Products Ltd (RCPL) has officially announced that it has signed a Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries to invest Rs 40,000 crore to set up food parks.

According to an official RCPL statement, the MoU which was signed at the World Food India 2025 event held in Delhi, aims to develop integrated food production units across the country, signalling a major boost to domestic food processing capabilities.

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The ambitious plan is part of Reliance Industries’ vision to build “Asia’s largest integrated food parks,” leveraging cutting-edge technologies such as Artificial Intelligence (AI), robotics and sustainable solutions.

As announced during RIL’s annual general meeting (AGM) in August, RCPL plans to invest more than Rs 1,500 crore to establish advanced food manufacturing hubs in Katol, Nagpur (Maharashtra), as well as in Kurnool (Andhra Pradesh).

Emerging as one of India’s fastest-growing FMCG firms, RCPL has already generated more than Rs 11,000 crore in revenue within just three years of its inception.

Having evolved from Reliance Retail to become a direct subsidiary of Reliance Industries, the company continues to expand rapidly through acquisitions and product launches. Its portfolio includes brands like Tagz Foods and house labels such as Campa, Independence, Alan’s, Enzo, and Ravalgaon.

At the AGM, Reliance Industries Director Isha Ambani had stated that RCPL would be a vital growth driver. “Our long-term ambition is to become India’s largest FMCG company with a global presence,” she had stated.

She had also stated that the FMCG venture would serve as a “blueprint for expansion” into other consumer sectors like apparel and electronics, reinforcing the company’s strategic focus on diversification.