Reliance Industries’ (RIL) FMCG arm--Reliance Consumer Products (RCPL) has signed a Rs 40,000 crore agreement with the Food Processing Industries Ministry to establish integrated food manufacturing facilities across the country.
Under the agreement, RCPL will invest more than Rs 1,500 crore to set up integrated facilities for food products and beverages in Katol, Nagpur in Maharashtra and Kurnool in Andhra Pradesh.
Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.
