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Reliance Consumer Products Ltd (RCPL), the FMCG arm of Reliance Industries Ltd (RIL), has signed a Memorandum of Understanding (MoU) with Finland’s leading foods company Fazer. As part of this evolution, the two companies will establish a long-term strategic partnership in India to produce, market, and distribute branded premium chocolates using Fazer’s recipes and high-quality standards nationwide.
The MoU was signed as part of the Hon. President of Finland His Excellency Alexander Stubb’s state visit to India, with aim to strengthen business ties between India & Finland and at the same time democratize Fazer’s iconic brands and products in the local market.
At 3.12 pm, Reliance Industries Ltd was trading at Rs. 1,404.75, up by 1.08%, with a volume of 10.76 lakh shares on the BSE.
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