The agreement may also grant Reliance Consumer distribution rights for Sri-Lanka based Ceylon Beverage’s energy drinks and juices in India, expanding its presence in the nation’s ₹67,000 crore beverage market
Reliance Consumer Products Limited (RCPL), the FMCG arm and a wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL), announced on Tuesday that it will acquire 50 per cent equity stake in Gujarat-headquartered Sosyo Hajoori .