RIL’s FMCG Business Targets Multifold Growth By 2030

Reliance Industries (RIL) has identified its consumer products business as a major long-term growth opportunity, with Reliance Consumer Products Limited (RCPL) targeting significant expansion by 2030.  

The company's FMCG arm delivered strong growth in FY26, supported by rapid brand scaling, wider distribution and strategic acquisitions. 

Revenue Growth Driven by Consumer Brands 

RCPL reported gross revenue of ₹22,000 crore in FY26, representing a doubling from the previous year.  

Growth was led primarily by the staples and beverages categories, which have become key pillars of the business. 

Established in 2022, RCPL serves as Reliance's FMCG platform across packaged foods, beverages, home care, personal care and staples.  

The business was demerged from Reliance Retail in December 2025 and now forms an important part of the group's broader consumer strategy. 

The company expects revenues to grow multifold over the next few years and has set its sights on becoming one of the world's leading branded consumer products companies by 2030. 

Campa and Independence Gain Scale 

Among RCPL's portfolio, Campa emerged as one of the strongest growth drivers. The beverage brand generated more than ₹4,700 crore in gross sales during FY26 and became India's fourth-largest carbonated soft drink brand by March 2026.  

The company said Campa secured a double-digit market share in key markets through competitive pricing, expanded distribution and the support of Reliance Retail's network. 

The Independence brand also recorded strong traction, crossing approximately ₹2,600 crore in sales during FY26. The brand was recognised among India's most trusted brands in 2026. 

Supporting these brands is a distribution network that now reaches more than 3 million retail outlets through over 5,000 distributors across the country. 

Expansion Through Manufacturing and Acquisitions 

Reliance is investing in integrated food parks across India to improve manufacturing efficiency, strengthen supply chains and create cost advantages through backward integration. 

Alongside organic growth, the company is expanding through acquisitions and partnerships. During the year, RCPL acquired interests in staples and millet businesses such as Udhaiyam and Manna. It also added international brands including Brylcreem, Toni & Guy, Matey and Badedas to its portfolio. 

The business has expanded beyond India and now operates across markets in the Middle East, Africa and South Asia. Recent acquisitions have also provided entry into the UK, Europe and Australia. 

Read More: Reliance Eyes International Markets for Jio Telecom Stack, Scales Enterprise AI Initiatives with Meta! 

Reliance Industries Share Price Performance  

As of 29 May 2026, at 12:30 PM, Reliance Industries Ltd share price is trading at ₹1,335.90 per share, reflecting a decline of 1.08% from the previous closing price.  

Conclusion 

With revenue doubling in FY26, expanding brand portfolios and growing international presence, RCPL is becoming an increasingly important part of Reliance Industries' consumer business ambitions. Tier-2 cities and rural markets are expected to remain key growth areas in the years ahead. 

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