Reliance Industries Share Price Rise 1.27%; RCPL Signs Strategic Chocolate Partnership With Fazer

On Friday, shares of Reliance-industries-ltd-100325">Reliance Industries Ltd rose 1.27 per cent to Rs 1,407 per share from its previous closing of Rs 1,389.40 per share. The stock’s 52-week high is Rs 1,611.80 per share and its 52-week low is Rs 1,114.85 per share. During the session, the stock surged about 2.51 per cent to its Intraday high of Rs 1,424.30.

Shares of Reliance Industries Ltd closed at Rs 1,407, up 1.27 per cent on Friday. 

Reliance Consumer Products Ltd (RCPL), the FMCG arm of Reliance Industries Ltd, has signed a Memorandum of Understanding (MoU) with Fazer Group, Finland’s leading foods company, to establish a long-term strategic partnership in India. The partnership aims to produce, market and distribute branded premium chocolates nationwide using Fazer’s recipes and high-quality standards.

The MoU was signed during the state visit of Alexander Stubb to India. The initiative aims to strengthen business ties between India and Finland while bringing Fazer’s iconic chocolate brands and products to Indian consumers at a broader scale.

Under the agreement, the collaboration will combine Fazer’s heritage brands, innovative product portfolio and premium chocolate expertise with RCPL’s extensive distribution network and deep understanding of the Indian market. RCPL currently has access to nearly 3 million retail outlets across India, which could help the partnership build a strong presence in the rapidly growing chocolate and confectionery segment driven by rising incomes and increasing organised retail penetration.

T. Krishnakumar, Director at Reliance Consumer Products Ltd, said the partnership represents a strategic step toward introducing some of the world’s finest chocolates to Indian consumers. He added that combining Fazer’s global brand strength and manufacturing excellence with RCPL’s local production capabilities, robust distribution network and consumer insights would help deliver world-class products and elevate the overall category experience in India.

Christoph Vitzthum, President and CEO of Fazer, said the collaboration presents a significant opportunity to enter the fast-growing Indian chocolate market. He noted that with RCPL managing commercialisation and distribution in India, Fazer could establish a premium position in the segment while creating a strong foundation for nationwide expansion with a capable local partner.

Since its inception in 2022, RCPL has expanded its footprint in the chocolate and confectionery market by reviving several Indian heritage brands such as Ravalgaon, Toffeeman, Pan Pasand and Lotus Chocolates. The company focuses on delivering global quality products at affordable prices and has also introduced international brands such as Maliban, Nexba and PACE to Indian consumers.

Fazer Group follows a focused international growth strategy with operations across the Nordics and Baltics, Poland and China, along with exports to more than 40 countries. The company continues to pursue expansion opportunities through organic growth as well as mergers and acquisitions, aiming to strengthen its presence in both existing and new markets. Fazer employs nearly 5,000 professionals and reported net sales of EUR 1,200 million in 2025.

Reliance Consumer Products Ltd continues to position itself as a key player in India’s FMCG industry by blending global standards with local market insights. Backed by the infrastructure and scale of Reliance Industries Ltd, the company aims to offer accessible, value-driven and high-quality consumer products that cater to the evolving needs of Indian households.

Reliance Industries Ltd has a market cap of over Rs 19,04,018.90 crore. The stock price has surged over 16.32 per cent in the last 1 year.

Disclaimer: The article is for informational purposes only and not investment advice.