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Reliance Industries’ FMCG arm to form joint venture with TGI Group

17 Feb 2026 Evaluate

Reliance Industries’ FMCG arm -- Reliance Consumer Products (RCPL) has signed a definitive agreement to form a majority-owned Joint Venture with Tropical General Investments (TGI) Group, a leading business conglomerate in Nigeria. This partnership, subject to customary legal and regulatory clearances, will significantly expand RCPL’s global footprint by establishing a strong presence in one of Africa’s largest consumer markets.

The partnership between RCPL and TGI Group aims to strengthen RCPL’s market presence on the global stage. Through the joint venture, RCPL will introduce a wide range of its FMCG portfolio to consumers in Nigeria, leveraging TGI's established FMCGs manufacturing and distribution experience and network.

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.


Reliance Industries Share Price

1361.10 -4.00 (-0.29%)
20-Apr-2026 15:23 View Price Chart
Peers
Company Name CMP
Reliance Industries 1361.10
Indian Oil Corp. 146.75
BPCL 316.10
HPCL 378.85
MRPL 180.00
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