Mukesh Ambani shares Reliance Industries export plan for consumer goods
Business
Reliance Industries just announced big plans to expand worldwide, focusing on making beverages, daily essentials, clothes, and electronics for export.
At their annual meeting, Mukesh Ambani shared that the company's aiming for scalable production to reach more countries and customers.
FMCG sales ₹22,000cr target ₹1Lcr 2030
Reliance already exports consumer goods to more than 40 countries and isn't slowing down: ₹10,000 crore has gone into food parks so far, with another ₹30,000 crore planned over the next three years.
Their FMCG sales hit ₹22,000 crore this year and they're targeting ₹1 lakh crore by 2030.
Ambani also highlighted upgrades in sourcing and distribution to help farmers earn more while getting fresher products to shoppers.