Reliance Industries Ltd (RIL) has announced a big investment of Rs 40,000 crore ($4.7 billion) over the next three years to build Asia’s largest integrated food parks. These food parks will use AI-based automation, robotics, and eco-friendly technologies to increase efficiency and reduce costs.

The announcement was made by Isha Ambani, Director of Reliance Retail, during the company’s 48th Annual General Meeting on August 29.

She said, “In the next three years, Reliance will set up food parks with AI, robotics, and sustainable technologies, which will help us achieve long-term cost leadership.”

These food parks will be a key part of Reliance Consumer Products Ltd (RCPL), which is being developed as a separate subsidiary of RIL. RCPL, with a revenue of Rs 11,500 crore in FY25, has become one of the fastest-growing FMCG companies in India in just three years.

So far, Reliance has already invested Rs 3,000 crore ($351 million) in 12 modern factories that are powered by Industry 4.0 technologies, giving them some of the best efficiency levels in India’s FMCG sector.

The company has also set up a 1,50,000 sq. ft. R&D center with more than 100 scientists working on innovations. They have already filed 15 patents. Ambani added, “Our goal is clear – to create products that are better than market standards, launch first-time-in-India products, and even world-first innovations.”

Reliance’s consumer brands are also growing fast. Campa has gained strong double-digit market share in many states, while Independence, its daily essentials brand, crossed Rs 1,000 crore in sales last year.

Looking at the future, Isha Ambani said: “Our short-term goal is to become the fastest consumer brands company to achieve Rs 1 lakh crore ($11.7 billion) revenue in the next five years.”