Reliance’s FMCG arm emerges as India’s 8th largest in just 2 years

Reliance’s FMCG arm emerges as India’s 8th largest in just 2 years

According to brokerage CLSA and company disclosures, Reliance Industries Ltd’s (RIL) blistering consumer products has emerged as eighth-largest in India within merely in two years, overtaking established players such as Marico and Tata Consumer Products’ India operations.

The conglomerate’s FMCG division, housed under Reliance Retail, clocked Rs 11,500 crore in revenue in FY25, driven by strong traction for brands such as Independence and Campa. That puts it ahead of Marico and Tata Consumer’s India business, and nearly at par with Dabur’s domestic sales, according to brokerage reports. As per fourth-quarter data, Reliance Consumer Products also emerged as the blistering FMCG company in the country.

The division, which has expanded rapidly through general trade channels and a broad retail network, recorded a 3.5x year-on-year increase in sales. The growth was fuelled by aggressive product rollouts and expanded market reach, Reliance Retail said during its fourth-quarter earnings call.

News Edit KV Raman