Bengaluru, Feb. 16 -- Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited (RIL), has signed a definitive agreement to form a majority-owned Joint Venture with Tropical General Investments (TGI) Group, a leading business conglomerate in Nigeria, a joint statement said on Monday.
This partnership, subject to customary legal and regulatory clearances, will significantly expand RCPL's global footprint by establishing a strong presence in one of Africa's largest consumer markets. Since its inception in 2022, RCPL has successfully built a robust R&D backbone and scaled a diverse portfolio of iconic brands into household names.
Having already established itself as a key player in India, RCPL subsequently fora...
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