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Reliance Consumer Products | Reliance's FMCG arm, fourth in carbonated drinks with Campa

2026.09.19

Article summary

Reliance Consumer Products (RCPL) is the consumer goods arm of Reliance. Revenue for FY2026 (fiscal year ended March 2026) was ₹22,000 crore (1 crore = 10 million rupees), of which the revived carbonated drink brand Campa accounted for ₹4,700 crore, putting it fourth in carbonated drinks in India. It is going after shelf space with a 10-rupee price point and generous margins for retailers. Reliance has signaled a plan to separate the FMCG business from its retail arm.

This article is based on what we could verify As of September 19, 2026 This page is based on the disclosures and news reports from each company that we were able to confirm as of that date. Amounts in the text follow the notation commonly used in India, with ₹1 crore = 10 million rupees, and yen figures are approximations calculated at a little over 1.7 yen to the rupee. Store counts, funding raised, and results at Indian companies change over short periods, so when making a business decision, please check the latest information in primary sources such as each company's own announcements.

Reliance Consumer Products (RCPL) is the consumer goods arm of Reliance. With the revived carbonated drink brand Campa as its weapon, it is cutting prices to take on the established majors.

Company profile

Item	Details
Legal name	Reliance Consumer Products Limited
Headquarters	Mumbai (Maharashtra)
Revenue	₹22,000 crore (FY2026 = fiscal year ended March 2026 / gross basis, approx. 383 billion yen)
Main brands	Campa (carbonated drinks, FY2026 revenue ₹4,700 crore), Independence, Sosyo, Toffeeman and others
Market position	Campa ranks fourth in carbonated drinks in India
Listing	Parent company Reliance Industries is listed on the BSE and NSE
Official website	relianceconsumer.com

Business and strengths

Campa is the name of a carbonated drink that was popular in India in the 1970s and 1980s. Reliance acquired the trademark from Pure Drinks Group in 2022 and relaunched it in 2023. It put the 10-rupee price front and center and went after shelf space by leaving retailers a wider margin.

Beyond carbonated drinks, it is also expanding everyday foods such as edible oil, rice, flour and confectionery under brands including Independence.

Recent developments

RCPL's revenue for FY2026 (fiscal year ended March 2026) was ₹22,000 crore on a gross basis, of which Campa accounted for ₹4,700 crore, placing it fourth in carbonated drinks in India. Note that the basis of this tally differs from the consolidated revenue reported by other companies. Reliance has signaled a plan to separate the FMCG business from its retail arm.

Points for Japanese companies

This is an example of how far it works in India to cut into a market held by established majors using price and retailer margin. For a Japanese brand competing in India, it gives material for thinking about what will win shelf space if not a lower price.