Reliance Consumer Products Ltd (RCPL) has officially announced that it has signed a Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries to invest Rs 40,000 crore to set up food parks.
According to an official RCPL statement, the MoU which was signed at the World Food India 2025 event held in Delhi, aims to develop integrated food production units across the country, signalling a major boost to domestic food processing capabilities.
Advertisement
The ambitious plan is part of Reliance Industries’ vision to build “Asia’s largest integrated food parks,” leveraging cutting-edge technologies such as Artificial Intelligence (AI), robotics and sustainable solutions.
As announced during RIL’s annual general meeting (AGM) in August, RCPL plans to invest more than R