Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited, has signed a memorandum of understanding (MoU) with Fazer, a leading foods company in Finland.
The MoU provides for the two companies to establish a long-term strategic partnership in India to produce, market and distribute branded premium chocolates using Fazer’s recipes.
“The partnership would combine Fazer’s iconic heritage brands, innovative product portfolio and world’s finest chocolates with RCPL’s substantial scale and access to nearly three million retail outlets across India,” said a release.
T Krishnakumar, Director, Reliance Consumer Products Limited, 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 the chocolates & confectionery market.”
Since its inception in 2022, RCPL has expanded its presence in the chocolate & confectionery market by reviving India’s heritage brands such as Ravalgaon, Toffeeman and
Pan Pasand and Lotus Chocolates. RCPL has also introduced some of the popular global brands such as Maliban, Nexba and PACE, among others, to the Indian consumers.
With operations in the Nordics and Baltics, Poland and China as well as with exports to more than 40 countries worldwide, Fazer already has an established global presence. In 2025, Fazer Group had net sales of EUR 1,200 million.
