Mukesh Ambani’s Reliance Consumer Products To Build Food Parks in India, to Invest INR 40,000 Crore; 1st Facility in Andhra Pradesh's Kurnool
Mukesh Ambani-owned Reliance Consumer Products Limited (RCPL) recently signed an INR 40,000 crore MoU with the Ministry of Food Processing Industries to boost India’s food manufacturing sector. As part of the plan, RCPL will set up its first food park in Andhra Pradesh's Kurnool with an investment of INR 768 crore.
Mukesh Ambani-owned Reliance Consumer Products Limited (RCPL) recently signed an INR 40,000 crore MoU with the Ministry of Food Processing Industries to boost India’s food manufacturing sector. As part of the plan, RCPL will set up its first food park in Andhra Pradesh's Kurnool with an investment of INR 768 crore, according to the Economic Times. Strategically located near Hyderabad and Bengaluru, the facility will serve as a hub for South India, marking the beginning of RCPL’s nationwide rollout of integrated food production units. Mukesh Ambani Says India Uniquely Positioned to Lead New Era of AI and Genomics, Reliance to Focus on Nation’s Mission to Ensure Abundance and Affordability for All.
Reliance To Build Food Parks in India, 1st Facility in Andhra Pradesh's Kurnool
ET EXCLUSIVE: Reliance Consumer is set to establish its first food park in Kurnool, Andhra Pradesh with an investment of ₹768 crore as part of its ambitious ₹40,000 crore consumer rollout. Strategically located near Hyderabad and Bengaluru, it will serve as a hub for South… pic.twitter.com/0CxOd3QBuI
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