Reliance, Coca-Cola Bottlers to Invest Rs 65,000 Cr in Food

• Reliance Consumer Products Ltd and three Coca-Cola bottlers commit to expand India’s food processing infrastructure
• Facilities will be set up across multiple states, including Maharashtra, Andhra Pradesh, Uttar Pradesh, and Bihar
• RCPL, a subsidiary of Reliance Industries, has rapidly grown to ₹11,000 crore revenue in three years

As a show of commitment to India’s food processing sector, Reliance Consumer Products Ltd (RCPL) and three Coca-Cola bottlers announced more than ₹65,000 crore to manufacture processes for food products, major highlights of the first day of the World Food India Summit.

Reliance food processing investment and Coca-Cola bottlers India together mark a ₹65,000 cr food sector investment, boosting the country’s food processing growth India.

Chirag Paswan, Union Minister of Food Processing Industries, said at the WFI Summit, held in New Delhi from September 25-28, is expected to attract more than ₹1 lakh crore, in investments from outside of India. "During this event, we are expecting to sign MoUs of more than ₹1 lakh crore", the minister stated.

This Reliance Coca-Cola partnership is a major highlight in India food industry news, signaling strong momentum for the sector.

RCPL and the Ministry of Food Processing Industries signed a ₹40,000-crore agreement to create integrated food manufacturing facilities across the country. RCPL will invest more than ₹1,500 crore in the MoU to establish facilities in Katol, Nagpur (Maharashtra), and Kurnool (Andhra Pradesh).

Reliance Industries has previously announced, they are pursuing a plan to set up "Asia's largest integrated food parks", where artificial intelligence-driven automation, robotics, and sustainable technologies will be incorporated in the projects.

Also Read: CSL, Hyundai Affiliate, TN Govt Ink MoUs to Boost Shipbuilding

Three Coca-Cola bottlers in India (SLMG Beverages, Hindustan Coca-Cola Beverages, and Kandhari Group) will jointly invest ₹25,760 crore (USD 2.96 billion) to bolster food processing infrastructure in nine states: Uttar Pradesh, Bihar, Andhra Pradesh, Telangana, Karnataka, Gujarat, Punjab, Rajasthan, and Jammu.

SLMG Beverages, Coca-Cola’s largest bottler in India, will invest ₹8,000 crore. The projects will create 30,000 direct and 3,00,000 indirect jobs. Projects will begin this year with an expected completion date of 2030.

RCPL having evolved from Reliance Retail to a direct subsidiary of Reliance Industries has emerged as one of India’s fastest-growing consumer packaged goods companies, displacing ₹11,000 crore in revenue in three years.

The company has purchased brands such as Tagz Foods and developed numerous house brands (Campa, Independence, Alan’s, Enzo, Ravalgaon). Isha Ambani, Director of Reliance Industries has said that RCPL is one of the "growth engines" for the group, and it intends to become the largest FMCG in India and achieve a revenue of ₹1 lakh crore in five years, and expand globally.