Reliance Consumer Products (RCPL), the FMCG arm of Reliance Industries, has entered into an agreement to establish a majority-owned joint venture with Nigeria-based TGI Group, marking its foray into one of Africa’s largest consumer markets.
The partnership is aimed at strengthening RCPL’s global footprint by building a robust presence in Nigeria. The move aligns with the company’s broader international expansion strategy, following its growth across the Middle East, South Asia, and select African markets.
RCPL’s entry into Nigeria is expected to act as a strategic gateway to the wider West African region, enabling the company to capitalise on rising consumer demand and further deepen its global presence.
News by Rahul Yelligetti.