Reliance launches FMCG brand 'Independence' in Gujarat

Daily Current Affairs / Reliance launches FMCG brand 'Independence' in Gujarat

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Category : Business and economics Published on: December 19 2022

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Reliance Consumer Products Limited, the FMCG arm of Reliance Retail Ventures Limited, launched its indigenous made-in-India consumer packaged goods brand, Independence, in Gujarat.
Independence was introduced to consumers and kirana partners on the occasion of Pramukh Swami Maharaj's centenary celebrations at Akshardham in Ahmedabad.
Reliance Retail Ventures Limited is a subsidiary of Reliance Industries Ltd and the holding company of all the retail businesses under the RIL group. It reported a consolidated turnover of Rs 1.99 lakh crore and net profit of Rs 7,055 crore for the year ended March 31, 2022.