Reliance Industries to invest US$189.5M in beverages manufacturing plant in Andhra Pradesh
Reliance’s new beverages facility in Kurnool is set to boost local employment, state revenues, and manufacturing capacity.
INDIA – Reliance Industries Limited (RIL) is set to expand its presence in Andhra Pradesh with a proposal to establish a significant beverages manufacturing unit in Kurnool district, involving a total investment of Rs 1,622 crore (US$189.5M).
The company, through its subsidiary Reliance Consumer Products Limited (RCPL), has submitted a detailed project report to the state government for approval.
The proposed facility will be developed in two phases, with the first phase accounting for Rs 1,006 crore (US$117.5M) and the second for Rs 616 crore (US$71.9M).
The plant, planned on a 100-acre site within a designated industrial zone, will produce packaged carbonated soft drinks and bottled drinking water.
Reliance estimates the project will generate direct and indirect employment for approximately 5,200 people across both phases.
The facility will include a bottling line, warehousing, water treatment plant, and administrative buildings.
According to the project timeline, both phases are expected to be completed within six years. Once operational, the plant could generate an annual business turnover of Rs 2,000 crore (US$233.6M) and contribute around Rs 500 crore (US$58.4M) per year to the state exchequer in GST revenues.
This investment aligns with Reliance’s broader commitment to Andhra Pradesh. The conglomerate had previously signed an agreement to invest Rs 65,000 crore (US$7.5B) in setting up 500 compressed biogas units across the state, with the foundation stone for the first plant recently laid in Prakasam district.
Financial strength and market position
In May 2025, Reliance Industries secured a dual-currency offshore loan worth US$2.9 billion, the largest such deal by an Indian company in over a year56.
The financing, split between a US$2.4 billion tranche in US dollars and a 67.7 billion Japanese yen tranche (approximately US$462 million), underscores the company’s strong credit standing.
Reliance holds a rare rating above India’s sovereign credit, with Baa2 from Moody’s and BBB from Fitch56.
For the March 2025 quarter, Reliance reported a consolidated EBITDA of Rs 43,800 crore and a net profit of Rs 19,400 crore.
Key growth drivers included its digital services and retail segments, with Jio’s EBITDA rising 18% and retail up 15% year-on-year.
The new beverages manufacturing unit is expected to further strengthen Reliance’s footprint in India’s fast-growing consumer goods sector, supporting local economies and state revenues.
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