Reliance Consumer Products Ltd (RCPL), the FMCG division of Reliance Industries, is going to make a capital of more than ₹1,500 crore to set up a fully integrated food and beverage unit in Katol, Nagpur, Maharashtra. The company has inked a Memorandum of Understanding (MoU) with the state government, which will facilitate the project with sanction, clearances, and financial incentives.
This plant, with operations starting in 2026, is said to create the opportunity of direct employment to over 500 people, stated Maharashtra Chief Minister Devendra Fadnavis. The move signals part of Reliance’s larger dream, as it had declared at its recent AGM, of creating AI-driven, automated, robotic and sustainable food parks in India with a commit of Rs. 40,000 crore.
The company has created a robust portfolio by both organic and inorganic methods, in which the company had acquired both established and emerging brand such as Campa, Independence, Ravalgaon, Tagz Foods, Alan’s and Enzo, and also made its own label product in several categories.
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At the annual general meeting, Isha Ambani, a member of the board at Reliance, mentioned RCPL as one of the key “growth engines” of the group that intends to hit Rs. 1 lakh crore in revenue in the next five years and also talked about plans to go global.
She underlined that the FMCG business model would serve as a template for the group’s entry into other consumer categories, such as fashion and gadgets, and therefore, RCPL would be instrumental in the creation of value similar to that of Reliance Retail in terms of scale and margin.
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