Reliance Consumer Products Limited (RCPL) has signed a massive Rs 40,000 crore deal with the Union Ministry of Food Processing Industries to set up integrated food manufacturing facilities across the country. The parties signed a Memorandum of Understanding (MoU) in this regard at the World Food India 2025 event in capital New Delhi, according to reports. Reliance had already announced the investment plan at its annual general meeting (AGM) in August.
What are key details about the project?
Mukesh Ambani-led Reliance Industries has touted the project as Asia's "largest integrated food parks" with "AI-driven automation, robotics, and sustainable technologies." RCPL, which was born out of Reliance Retail and became a direct subsidiary of Reliance Industries, has become one of the country's