Reliance's Strategic Shift: The Birth of New Reliance Consumer Products Ltd

Reliance Retail is undergoing a significant internal restructuring by transferring its consumer goods business to a newly established entity, New Reliance Consumer Products Ltd (New RCPL). This move is aimed at consolidating and streamlining the FMCG brands business currently housed under Reliance Retail Ltd (RRL) into a more focused operational structure, according to documents filed with the National Company Law Tribunal (NCLT).

The Mumbai bench of NCLT has mandated a meeting to approve this internal restructuring, dubbed a Slump Sale. This strategic initiative is critical for Reliance as it refines its business model in the fast-growing FMCG sector and seeks to enhance its brand-building capabilities. The new entity is expected to manage the entire product lifecycle from research and development to manufacturing and marketing.

Reliance's consumer brands have seen rapid growth, with its revenue reaching Rs 11,500 crore in FY25. The company, employing brands like Independence and Campa, plans substantial capital investments to keep pace with market demands. The restructuring taps into Reliance's vision of capturing a larger market share in India's dynamic FMCG scene.

(With inputs from agencies.)