Reliance Industries plans to invest Rs 40,000 crore (USD 4.7 billion) over the next three years to build Asia’s largest integrated food parks powered by AI, robotics, and sustainable technologies.
Announced by Isha Ambani at the company’s 48th AGM, the food parks will form a core part of Reliance Consumer Products (RCPL), which is set to become a direct subsidiary of Reliance Industries. Reliance has already invested Rs 3,000 crore in 12 advanced facilities using Industry 4.0 technologies, achieving leading efficiency levels in FMCG manufacturing. Additionally, it has established a 1,50,000 sq. ft. R&D hub with over 100 scientists and 15 patents, tasked with developing “first-to-India” and “first-to-world” innovations.
RCPL, with revenues of Rs 11,500 crore in FY25, has quickly emerged as a top FMCG player, with brands like Campa and Independence gaining significant traction. The company has outlined the company’s near-term aim of reaching Rs one lakh crore (USD 11.7 billion) in revenue within five years, making it the fastest-growing consumer brands business in India.