
Reliance Consumer Products Limited, the FMCG arm of Reliance Industries, has signed a Memorandum of Understanding with Finland based Fazer to strengthen its presence in India’s chocolates and confectionery market.
Under the agreement, Reliance Consumer Products and Fazer will establish a long term strategic partnership in India to produce, market, and distribute branded premium chocolates across the country.
The products will be made using Fazer’s recipes and quality standards, giving the partnership a strong premium positioning in the market.
The partnership brings together Fazer’s established heritage brands, wide product portfolio, and expertise in premium chocolates with Reliance Consumer Products’ scale and strong domestic presence.
RCPL has access to nearly 3 million retail outlets across India and has built deep understanding of local consumer preferences. This combination could help both companies build a meaningful presence in a market that is seeing steady growth.
India’s chocolate and confectionery market is expected to expand on the back of rising consumer incomes and growing organised retail penetration.
In this backdrop, the partnership is aimed at helping RCPL accelerate its growth in chocolates and confectionery while offering Indian consumers a wider premium product range.
As per news reports, T. Krishnakumar, Director, Reliance Consumer Products, said, “Partnering with Fazer is a strategic step towards introducing one of the world’s finest chocolates to Indian consumers. This will also accelerate RCPL’s growth in chocolates & confectionary market.”
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The agreement marks an important step for Reliance Consumer Products as it seeks to strengthen its position in India’s premium chocolates and confectionery segment through global collaboration and local scale.
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Published on: Mar 6, 2026, 3:09 PM IST

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