Reliance Consumer signs deal with Fazer to make, sell chocolates in India
This story was originally published at 16:45 IST on 6 March 2026
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NEW DELHI – Reliance Consumer Products Ltd., the fast-moving consumer goods arm of Reliance Industries Ltd., has signed a memorandum of understanding with Finland-based food company Fazer Group to produce, market, and distribute premium chocolates in India, the company said in an exchange filing Friday.
Under the agreement, Reliance Consumer and Fazer Group plan to manufacture and distribute Fazer-branded chocolates across India using Fazer's recipes. The deal was signed during Finland President Alexander Stubb's visit to India.
Fazer is an FMCG company based in Northern Europe, famous for its high-quality confectionery, bakery, and plant-based products. It operates across the Nordic and the Baltic countries, Poland, and China, and exports its products to more than 40 countries. For 2025, the company had reported net sales of about 1.2 billion euros, or about INR 127.7 billion.
For the December quarter, Reliance Industries had reported a net profit of INR 186.45 billion on a revenue of INR 2.69 trillion. Friday, its shares closed over 1% higher at INR 1,404.80 on the National Stock Exchange. End
Reported by Gunjan Rajput
Edited by Rajeev Pai
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