Reliance Consumer Products Limited
Mukesh Ambani’s Reliance Consumer Products Limited (RCPL) has recently taken a big step. The company has signed an agreement of Rs 40,000 crore with the Central Government’s Food Processing Ministry to set up integrated food manufacturing plants across the country. The agreement was reached during the World Food India 2025 program, which will prove to be a new direction to the future of the food industry in India.
Mukesh Ambani announced in AGM
Reliance Industries President Mukesh Ambani announced the scheme in his annual general meeting. He had told that the company would manufacture Asia’s largest and modern food parks, which would use AI-operated automation, robotics and durable techniques. This food park will be a big step towards making India a global player in the sector of food production and processing.
Reliance Consumer Status in FMCG sector
Reliance Consumer is rapidly emerging in the sector of fast moving consumer goods (FMCG) in the Indian market. In just three years, this company has acquired revenue of more than Rs 11,000 crore. Under this deal, Reliance Consumer will set up a large -scale integrated plant for food products and beverages in Katol in Nagpur in Maharashtra and Kurnool in Andhra Pradesh, which will invest more than Rs 1,500 crore.
What is the company’s goal?
Isha Ambani also highlighted the importance of this scheme. He said that RCPL is one of the ‘main development engines’ of the group and the company aims to earn a revenue of Rs 1 lakh crore in the next five years. He also stated that the company has a long -term plan to become the FMCG company with India’s largest and global presence.
Reliance has also achieved several consumer brands in the last few years and has also launched new domestic brands, including products ranging from soap to cold drinks. With these steps, the company has strengthened its hold in the Indian market and has prepared the way for big investment in future.