Reliance Industries Ltd (RIL) will invest Rs 40,000 crore ($4.7 billion) over the next three years to set up Asia’s largest integrated food parks, equipped with artificial intelligence-driven automation, robotics, and sustainable technologies. The investment was announced by Isha Ambani, Director, Reliance Retail, at the company’s 48th annual general meeting on August 29.
“Over the next three years, we will invest Rs 40,000 crore ($4.7 billion) to create Asia’s largest integrated food parks with AI-driven automation, robotics, and sustainable technologies, securing lasting cost leadership,” Ambani told shareholders.
The food parks will form a cornerstone of Reliance Consumer Products Ltd (RCPL), which is being carved out as a direct subsidiary of RIL. RCPL, which reported Rs 11,500 crore in revenue in FY25, has emerged as one of India’s fastest-growing FMCG players within just three years.
So far, the company has invested Rs 3,000 crore ($351 million) in 12 factories fitted with Industry 4.0 technologies, achieving what Ambani described as “some of the highest efficiency rates in the Indian FMCG sector.” Reliance has also set up a 1,50,000 sq ft R&D hub housing over 100 scientists, with 15 patents already filed. “Its mandate is clear – better-than-market quality, first-to-India products, and first-to-world innovations,” Ambani said.
Reliance’s consumer portfolio includes Campa, which has captured double-digit market share across several states, and Independence, its daily essentials brand, which crossed Rs 1,000 crore in sales last year.
Outlining the roadmap ahead, Ambani said: “Our near-term ambition is clear – to be the fastest consumer brands company to reach Rs 1 lakh crore ($11.7 billion) in revenue within five years.”
