Reliance Consumer Products partners with Nigeria’s leading conglomerate TGI Group
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Reliance Consumer Products Ltd. (RCPL), the fast-moving consumer goods (FMCG) arm of Reliance Industries Ltd., has signed a definitive agreement to form a majority-owned joint venture with Tropical General Investments (TGI) Group, a leading Nigeria-based conglomerate. The partnership, subject to customary legal and regulatory approvals, marks a significant step in RCPL’s global expansion strategy.
The joint venture will establish RCPL’s presence in Nigeria, one of Africa’s largest and fastest-growing consumer markets, strengthening its international footprint. Through the partnership, RCPL aims to introduce a wide portfolio of its FMCG products to Nigerian consumers, leveraging TGI’s established manufacturing capabilities and extensive distribution network.
Since its inception in 2022, RCPL has built a strong research and development backbone and expanded a diverse portfolio of brands across India. After consolidating its domestic presence, the company has entered international markets in the Middle East, South Asia, and Africa, positioning its offerings as high-quality yet affordable products.
T. Krishnakumar, Director, RCPL, described the joint venture as a pivotal milestone in the company’s ambition to emerge as a global FMCG player. He said the collaboration would enable RCPL to scale operations in Nigeria while benefiting from TGI Group’s decades of expertise in FMCG, culinary products and agribusiness. “Our mission is to establish RCPL as a leading global FMCG company from India, delivering global-quality products at affordable prices,” he said.
Rahul Savara, Group Managing Director of TGI Group, said the partnership combines complementary strengths in product development, manufacturing, marketing and distribution. He noted that Nigeria represents one of the most compelling growth markets globally and expressed confidence in building a long-term growth platform with RCPL across Nigeria and West Africa.
Established in 1980 and headquartered in Lagos, TGI Group operates across food, consumer goods, agribusiness, chemicals, pharmaceuticals and distribution, with a presence spanning Africa, the Middle East and Asia. In Nigeria, its brands—including Big Bull Rice, Terra Seasoning Cubes, Golden Terra Soya Oil, Renew Starch, and Supramult Multivitamins—serve millions of consumers daily.
The partnership underscores RCPL’s commitment to scaling its international operations and strengthening its position in emerging markets.