Please find attached a media release by Reliance Consumer Products Limited, a subsidiary of the Company, titled RELIANCE CONSUMER PRODUCTS SIGNS MOU WITH FINNISH FOODS MAJOR FAZER.
RELIANCE · price
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Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries, has signed a Memorandum of Understanding with Finland's Fazer Group to produce, market, and distribute Fazer-branded premium chocolates across India. Fazer is a leading Northern European food company with over 130 years of heritage, EUR 1,200 million in 2025 net sales, and exports to over 40 countries. The partnership leverages RCPL's access to nearly 3 million retail outlets and local manufacturing capabilities, combining Fazer's recipes and quality standards with RCPL's distribution scale. The MoU was signed during the Finnish President's state visit to India. This adds to RCPL's growing chocolate and confectionery portfolio, which already includes revived heritage brands like Ravalgaon, Toffeeman, Pan Pasand, Lotus Chocolates, and global brands like Maliban, Nexba, and PACE.
Positive for RIL shareholders — this partnership strengthens RCPL's position in India's fast-growing premium chocolate market and expands its international brand portfolio. While financial terms are not disclosed, leveraging RCPL's massive distribution network gives Fazer a quick nationwide rollout, and reinforces Reliance's FMCG growth strategy under the consumer business vertical.