Mumbai, September 26 (Udaipur Kiran News). Shares of Reliance Industries Ltd (RIL) edged higher on Thursday after its FMCG subsidiary, Reliance Consumer Products Ltd (RCPL), signed a ₹40,000 crore agreement with the Ministry of Food Processing Industries to develop integrated food manufacturing facilities across India.
The stock was trading at ₹1,375.15, up ₹2.70 (0.20%) from its previous close of ₹1,372.45 on the BSE. It opened at ₹1,372.40 and touched a high of ₹1,376.00 during the session. The company’s market capitalisation stands at ₹18,52,595.50 crore.
Over the past 52 weeks, RIL has hit a high of ₹1,551.00 (09-Jul-2025) and a low of ₹1,115.55 (07-Apr-2025). Promoters hold 50.07%, institutions 39.10%, and non-institutional investors 10.83%.
₹1,500 crore investment in Maharashtra and Andhra Pradesh
Under the agreement, RCPL will initially invest over ₹1,500 crore to set up integrated facilities for food products and beverages in Katol (Nagpur, Maharashtra) and Kurnool (Andhra Pradesh).
The partnership aims to create a robust food processing ecosystem, boost value addition, generate employment opportunities, and strengthen India’s agri-food value chain.
With this move, Reliance is expanding its footprint in the FMCG and food processing sector, complementing its growing presence in retail and consumer products.
About Reliance Industries
Reliance Industries is India’s largest private-sector conglomerate, with operations spanning oil and gas exploration, petroleum refining, petrochemicals, retail, digital services, and FMCG through RCPL.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.