RCPL to bring Fazer’s iconic chocolates & confectionaries
within reach of Indian consumers
Bengaluru, 6th March 2026: Reliance Consumer Products Limited (RCPL), the FMCG arm
of Reliance Industries Limited, has signed a Memorandum of Understanding (MoU) with
Finland’s leading foods company Fazer. As part of this evolution, the two companies will
establish a long-term strategic partnership in India to produce, market, and distribute branded
premium chocolates using Fazer’s recipes and high-quality standards nationwide
The MoU was signed as part of the Hon. President of Finland His Excellency Alexander
Stubb’s state visit to India, with aim to strengthen business ties between India & Finland
and at the same time democratize Fazer’s iconic brands and products in the local market.
The partnership would combine Fazer’s iconic heritage brands, innovative product portfolio,
and world’s finest chocolates, with RCPL’s substantial scale and access to nearly 3 million
retail outlets across India, as well as deep expertise in the Indian market. Together, the
companies could have the potential to build a unique position in India’s chocolate and
confectionery market, which is expected to grow rapidly due to rising consumer incomes and
organised retail penetration.
T. Krishnakumar, Director, Reliance Consumer Products Limited, said, “Partnering with
Fazer is a strategic step towards introducing one of the world’s finest chocolates to Indian
consumers. This will also accelerate RCPL’s growth in chocolates & confectionary market.
By combining Fazer’s globally trusted brands and manufacturing excellence with RCPL’s
local production capabilities, robust distribution network, and deep consumer insights, we are
well positioned to bring world-class products to Indian consumers and elevate the overall
category experience.
Commenting on the development Christoph Vitzthum, President and CEO, Fazer, stated,“This partnership would be a great opportunity for Fazer to offer our unique products to the fast-growing Indian market. With RCPL handling commercialisation and distribution in India
we could establish a premium position in the chocolate market and a foundation for a broader
scale nation-wide roll-out with a leading and highly capable local partner. Entering the sizable
Indian chocolate market through this strategic partnership, could have the potential to
accelerate our international growth significantly.”
Since its inception in 2022, RCPL has successfully expanded its presence in the chocolate
& confectionary market by reviving India’s heritage brands like Ravalgaon, Toffeeman and
Pan Pasand, and Lotus Chocolates. RCPL is committed to offering ‘global quality at
affordable price’ and has introduced some of the popular global brands like Maliban, Nexba
and PACE, among others, to the Indian consumers.
Fazer has a focused growth strategy with continuous expansion and significant international
growth targets at its core. With operations in the Nordics and Baltics, Poland and China as
well as with exports to more than 40 countries worldwide, Fazer already has an established
global presence. Continuing its international growth journey, Fazer is actively pursuing
opportunities to expand not only organically but also through M&A and remains committed to
exploring all avenues that enable the company to strengthen its position in both existing and
new markets.
