&w=3840&q=100)
Reliance to invest up to ₹8,000 crore to expand beverage business
The investment, which would be Reliance's most significant capital outlay in the consumer products space to date, will reportedly fund the addition of nearly 10 to 12 new manufacturing facilities across India. This will include greenfield plants and co-packing facilities operated with partners.
This marks Reliance' largest investment in the consumer products sector to date, and is intended to boost competitiveness against Coca-Cola, PepsiCo, and regional brands.
According to the report, a major portion of the new investment will go into joint ventures. A plant was opened earlier this year in Guwahati with Jericho Foods and Beverages LLP, and another is reportedly under construction in Bihar.
Reliance Consumer Products was launched in 2022 as a wholly owned subsidiary of Reliance Retail. Its portfolio spans a growing number of popular beverages under brands like Campa Cola, Sosyo, Spinner, RasKik, and Independence, as well as packaged foods and personal care products under labels such as Sil, Lotus Chocolate, and Ravalgaon.
The company currently manufactures beverages across 18 plants, all of which are run through joint investments.
Spinner, a ₹10 sports drink brand launched with former Sri Lankan cricketer Muttiah Muralitharan, is among the newer offerings aimed at undercutting established players like Gatorade and Sting.
Reliance Consumer Products targets the lower end of the consumer market with a pricing strategy that undercuts rivals by 20 to 40 per cent. The company aims for full national availability by March 2027, with beverages reaching 70 per cent coverage by March 2026.
Reliance Consumer Products reported ₹11,500 crore in revenue in 2024-25, with Campa and Independence each crossing ₹1,000 crore in sales, despite summer sales being impacted by early monsoon rains.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Indian Express
2 hours ago
- New Indian Express
Wheels, meals and all in between
Italian for cycling, Ciclo was launched in the neighbouring Chennai in 2015, in collaboration with India's pioneers in the bicycle market, TI Cycles. Thadani later branched off on his own to bring Ciclo under the fold of his own brand, Tiam Foods. Not only did Ciclo start as a place where taste meets health, but one which actively promoted an outdoor culture. From organising events and races to sponsoring cycling athletes, they went all out. It is also a place where one can go to purchase a new bike or get their existing one serviced. As much as Ciclo is about fostering community and connection, it is held together by the strongest of senses—taste. With its primary focus on fresh ingredients and wholesome meals that meet hearty brunches and guilt-free desserts halfway, the menu caters to a wide range of palates. Pick from breakfast bowls laced with the goodness and the taste of fresh avocados, or high-protein meals that come with your choice of grilled meats or tofu. Combine them with the refreshing orange and beetroot summer salads. Their walnut-and-honey spin-off on the regular tomato-and-pesto bruschetta, or the Kerala inspired fish curries and Sri Lankan stews, are not only an explosion of flavours but also nutrition rich.
Time of India
16 hours ago
- Time of India
AI infra, new energy to drive $50 billion market value rise for Reliance
Reliance Industries Ltd's investments in new energy and artificial intelligence (AI) infrastructure are set to drive a projected $50 billion increase in the firm's market value, according to Morgan Stanley analysts. The oil-to-telecom-and-retail conglomerate, helmed by billionaire Mukesh Ambani , is gearing up for its next phase of value creation. Currently valued at over $240 billion, Reliance's future growth hinges heavily on scaling its diversified verticals, particularly in new energy and AI. Gen AI is the next frontier for Reliance as it retools the Jamnagar energy complex to monetise its energy production -- a key hurdle globally for Gen AI ramp. "We see potential for up to $60 billion in value creation from the new energy vertical as Reliance uses the electrons to power chemicals, data centres, and refineries," Morgan Stanley said in a report. Reliance, it said, sees its New Energy business being "more ambitious, far more transformational, and far more global in scope than anything it's ever done before.. Reliance is building Gen AI infrastructure in Jamnagar that it plans to be ready in two years as well. It has also announced plans to power 1GW of data centre capacity that will use Nvidia's Blackwell chips. In the 3QF25 earnings call, Reliance provided more details on its strategy, with plans to position itself to benefit from AI adoption trends by establishing a comprehensive national AI infrastructure. The firm Generative AI data centre in Jamnagar, slated for completion within two years, will initially feature 1GW of data centre capacity, demanding around 1.3GW of round-the-clock green power, expected to be sourced from Reliance's rapidly expanding renewable ecosystem. Reliance's green energy plans include lithium iron phosphate battery manufacturing and green hydrogen production, centred on a 2,000-acre site in Gujarat. The company aims to integrate 10GW of solar capacity by the end of 2026, supporting its AI ambitions and positioning India as an emerging data centre hub.
Deccan Herald
a day ago
- Deccan Herald
New energy, AI infra to drive USD 50 bn market value rise for Reliance
Gen AI is the next frontier for Reliance as it retools the Jamnagar energy complex to monetise its energy production -- a key hurdle globally for Gen AI ramp.
