Mukesh Ambani’s company Reliance has recently announced a major investment, a Rs 40,000-crore agreement with the Food Processing Industries Ministry.

Reliance Consumer Products Ltd (RCPL) on Thursday signed a Rs 40,000-crore agreement with the Food Processing Industries Ministry to establish integrated food manufacturing facilities across the country, according to sources, as reported by news agency PTI. The Memorandum of Understanding (MoU) was reportedly signed at the World Food India 2025 event in Delhi, according to media reports.

What is the Rs 40,000-crore MoU signed by Reliance about?

Under the MoU, RCPL will invest more than Rs 1,500 crore to create integrated facilities for food products and beverages in Katol, Nagpur (Maharashtra), and Kurnool (Andhra Pradesh).

During its ann

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