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RCPL has earned a revenue of over Rs 11,000 crore in just three years.
Reliance Consumer Products Limited (RCPL) is going to create integrated food manufacturing facility across the country with the government. The company has entered into an agreement with the Food Processing Ministry for this today i.e. on 25 September.
According to media reports, the agreement was signed at Memorandum of Understanding (MOU) World Food India 2025 event, Delhi. Under MOU, RCPL will invest more than Rs 1,500 crore to create integrated facilities for food products and beverage production in Katol in Nagpur, Maharashtra and Kurnool in Andhra Pradesh.
The company had said- Asia’s largest integrated food park will be built
Reliance Industries announced this investment plan in its Annual General Meeting (AGM) in August. The company then said that it would build Asia’s largest integrated food park, which would use AI-based automation, robotics and long-working technology.
Isha Ambani had said- One of the growth engines of RCPL company
In Reliance AGM 2025, Isha said, “Our long -term target is to become India’s largest FMCG company and make a mark at the global level.”
In August AGM, Reliance Industries director Isha Ambani said that RCPL is one of the growth engines of the company and its goal is to achieve a revenue of Rs 1 lakh crore in five years, as well as to make its global presence. FMCG business will be blueprint for expansion in clothes, electronics and other consumer categories.
RCPL earned a revenue of over ₹ 11,000 crore in three years
RCPL has bought several consumer brands such as Tagz Foods and has launched its brands ranging from soap to Cola from names like Campa, Independence, Allen, Azo and Raoalgaon.
In RCPL 2022, Reliance separated from Retail and became the direct subsidiary company of Reliance Industries.
It is currently one of the fastest growing FMCG companies in India. RCPL has earned a revenue of over Rs 11,000 crore in just three years.
Mukesh Ambani will form a new company by mixing 15 brands
In July this year, Reliance Industries owner Mukesh Ambani started a restructive process in his leadership corporate group Reliance Industries. In this, a new company is being formed by combining more than 15 FMCG brands like Campa Cola, which is currently part of Reliance Retail Ventures.
Its purpose is to pay special attention to these products and to attract investors who are only interested in the FMCG sector. Ambani’s strategy will help the group to bring on a new track of sharp growth. Read full news …
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