Reliance to invest Rs 40k-crore in food parks, targets ₹1 lakh crore revenue

India’s packaged consumer products business is hotting up with Reliance Consumer Products (RCPL) announcing its plans to invest Rs 40,000 crore (US$4.7 billion) to build Asia’s largest integrated food parks and achieve ₹1 lakh crore ( ($11.7 billion) in revenue in the segment in five years to take on giants such as Hindustan Unilever (HUL) and ITC.

The investment over the next three years to build food parks — equipped with artificial intelligence-driven automation, robotics, and sustainable technologies — is part of the group’s strategy to strengthen its consumer products business.

Addressing shareholders at the company’s 48th annual general meeting on August 29, Isha Ambani, director, Reliance Retail, said the food parks will form a key pillar of Reliance Consumer Products, which will become a direct subsidiary of Reliance Industries.

“Over the next three years, we will invest Rs 40,000 crore ($4.7 billion) to create Asia’s largest integrated food parks with AI-driven automation, robotics, and sustainable technologies, securing lasting cost leadership,” Ambani said in her statement, seen by IndiFoodBev

She said India’s consumer market is a $2 trillion high-growth opportunity, expanding at over 8% annually, adding that they need a strategic approach to seize this opportunity.

The company had already invested Rs 3,000 crore ($351 million) in 12 facilities equipped with Industry 4.0 technologies, achieving some of the highest efficiency rates in the Indian FMCG sector, she said.

A 1,50,000 square feet research and development hub with over 100 scientists and 15 patents filed has already been established. “Its mandate is clear – better-than-market quality, first-to-India products, and first-to-world innovations,” Ambani added.

Ambani said RCPL clocked Rs 11,500 crore ($1.4 billion) in revenue in FY2024-25 to become one of the fastest FMCG players in the country within just three years of operations. The planned investments in manufacturing and R&D are expected to accelerate the company’s expansion across food, beverages, personal care, and daily essentials.

Reliance consolidating presence

Brands such as Campa Cola, she said, hold double-digit market share across many states, breaking a 30-year MNC duopoly, she said, in an obvious reference to Coca-Cola and Pepsi. Campa Energy gained two million social media followers in just 90 days – faster than established brands with decades of presence, she said.

Independence, its daily essentials brand, crossed Rs 1,000 crore in revenue last year. “We started in India, entered West Asia, Sri Lanka, and Nepal, and are now exporting to West Africa. Our target is to enter at least 25 countries in the next 12 months, building an Indian consumer brands powerhouse with global reach. We believe that Brand India will shine bright globally when Indian consumer and tech brands conquer global markets.”

“Our near-term ambition is clear – to be the fastest consumer brands company to reach Rs 1 lakh crore ($11.7 billion) in revenue within five years,” Ambani said.

“Our long-term ambition is to become India’s largest FMCG company with a global presence. This will make RCPL a big new value-creating engine for the Reliance Group, comparable to our Retail business in size and profitability,” she said.

Talking about the retail business, Ambani said in Grocery, the company sold 18 crore liters of milk, 14 crore liters of cold beverages, 11 lakh metric tons of staples, and 3.8 lakh metric tonnes of fruits and vegetables last year. The category will grow through large-format expansion, hyperlocal quick commerce, and subscription services, she said.

On its distribution network, Ambani said, “In just 18 months, we have reached 1.5 million outlets, five times faster than any competitor in the Indian FMCG history. Our omni-channel network will cover 95% of India’s population through retail, digital, and business-to-business channels,” she stated.

Reliance, which entered the FMCG business in 2022, has launched and taken over multiple brands. In 2023, RCPL partnered with the Sri Lankan biscuit brand Maliban and also acquired a 50% stake in the beverage brand Sosyo Hajoori.

In August 2025, RCPL marked its entry into the fast-growing healthy functional beverage space with the acquisition of a majority stake in a joint venture with Naturedge Beverages. A month earlier, it launched Campa in Nepal in partnership with the Chaudhary Group, the maker of Wai Wai noodles. Elephant House, a Sri Lankan beverage brand, also tied up with Reliance Consumer to manufacture, market, distribute, and sell its beverages across India.