New Delhi: Reliance Consumer Products Ltd (RCPL) has signed a Memorandum of Understanding worth ₹40,000 crore with the Ministry of Food Processing Industries to establish integrated food manufacturing facilities across the country. The agreement was formalised at the World Food India 2025 event in New Delhi, according to sources.

Reliance Industries had first announced the plan at its annual general meeting in August, describing it as an effort to build “Asia’s largest integrated food parks with AI-driven automation, robotics, and sustainable technologies.”

As part of the agreement, RCPL will invest over ₹1,500 crore to set up integrated food and beverage facilities at Katol in Nagpur, Maharashtra, and Kurnool in Andhra Pradesh.

At the AGM, Reliance Industries director Isha Ambani described RCPL as one of the group’s “growth engines” with ambitions to scale rapidly. “Our long-term ambition is to become India’s largest FMCG company with a global presence,” she said, adding that the FMCG business would also act as a “blueprint for expansion” into other consumer categories such as apparel and electronics.

RCPL, which began as part of Reliance Retail before becoming a direct subsidiary of Reliance Industries, has grown rapidly to record more than ₹11,000 crore in revenue within three years of its inception. The company has acquired several consumer brands including Tagz Foods and introduced products under labels such as Campa, Independence, Alan’s, Enzo, and Ravalgaon.

The new investment is expected to accelerate RCPL’s target of reaching ₹1 lakh crore in revenue within five years, while expanding its footprint in India’s fast-growing consumer market.

BI Bureau