Reliance Retail Ventures, led by Isha Ambani, has unveiled plans to invest ₹40,000 crore over the next three years to create Asia’s largest integrated food parks. The announcement came during the company’s 48th Annual General Meeting
Food parks powered by AI, robotics, and sustainability
The facilities will be equipped with AI-driven automation, advanced robotics, and sustainable technologies, aiming to deliver cost leadership and high efficiency for Reliance’s consumer goods operations
Building on existing FMCG strength
Reliance Consumer Products Ltd (RCPL), recently made a direct subsidiary of RIL, has already delivered ₹11,500 crore in annual revenue, with investments of ₹3,000 crore in 12 Industry 4.0 manufacturing units and a 150,000-sq-ft R&D hub employing over 100 scientists
Ambitious revenue goals aligned with food parks expansion
These food parks will underpin RCPL’s vision to reach ₹1 lakh crore in annual revenue within five years, aiming to become India’s largest consumer brands company
Scaling globally through consumer brand expansion
Reliance plans to consolidate all its consumer brands under RCPL and expand into West Asia, Sri Lanka, Nepal, and West Africa, targeting at least 25 countries within 12 months to elevate ‘Brand India’ globally
