Reliance Industries, led by Chairman Mukesh Ambani, has announced a colossal investment of ₹40,000 crore (approximately $4.7 billion or €4.4 billion at current rates) to develop what it touts will be “Asia’s largest integrated food parks” across India.
The company’s consumer goods arm, Reliance Consumer Products Ltd (RCPL), recently signed a Memorandum of Understanding (MoU) with the Union Ministry of Food Processing Industries at the World Food India 2025 event, formalizing the massive expansion plan.
The ambitious project is aimed at transforming India’s food manufacturing landscape by integrating next-generation technology. Reliance Industries Director Isha Ambani stated that the food parks would feature:
- AI-driven automation
- Robotics
- Sustainable technologies
The goal is to secure a “lasting cost leadership” and establish RCPL as India’s largest FMCG (Fast-Moving Consumer Goods) company with a global presence, aiming for an annual revenue of ₹1 lakh crore in the next five years from its FMCG business.
While the ₹40,000 crore will be utilized for nationwide development over the next three years, RCPL has already designated key locations for its first advanced food manufacturing hubs:
- Katol, Nagpur in Maharashtra
- Kurnool in Andhra Pradesh
These integrated facilities will focus on a multi-product portfolio, including staples, snacks, beverages, spices, and confectionery.
The investment is a major boost to the domestic food processing sector and is expected to create thousands of direct and indirect job opportunities, strengthening the country’s position as a global food production hub.
