Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries, has signed a Memorandum of Understanding (MoU) with Finland-based confectionery major Fazer to introduce premium chocolates in the Indian market.
Under the agreement, RCPL will produce, market, and distribute Fazer’s branded chocolates across India, using the Finnish company’s recipes and quality standards. The partnership aims to combine Fazer’s heritage brands and product expertise with RCPL’s extensive distribution network and strong presence in the Indian retail ecosystem.
The collaboration is expected to strengthen RCPL’s presence in the fast-growing chocolate and confectionery segment while enabling Fazer to enter one of the world’s largest consumer markets. RCPL currently has access to nearly three million retail outlets across the country, providing a strong platform for nationwide expansion.
T. Krishnakumar, Director at RCPL, said the partnership marks a strategic step in bringing globally renowned chocolate brands to Indian consumers and accelerating the company’s growth in the confectionery category.
Christoph Vitzthum, President and CEO of Fazer, said the alliance offers a significant opportunity to introduce the company’s products to India’s rapidly expanding chocolate market while leveraging RCPL’s local expertise in commercialization and distribution.
The agreement was signed during the state visit of Finnish President Alexander Stubb to India, reflecting efforts to strengthen economic and business ties between the two countries.
Fazer currently operates across the Nordic and Baltic regions, Poland, and China, and exports its confectionery and bakery products to more than 40 countries worldwide. The company is also exploring international expansion opportunities through both organic growth and strategic partnerships.