CHENNAI: Tamil Nadu has snagged yet another major investment, this time from the biggest of them all, Reliance Industries. The FMCG wing of India’s biggest conglomerate, Reliance Consumer Products Limited, will invest Rs 1,156 crore to set up an integrated manufacturing facility at Sipcot Allikulam Industrial Park in Thoothukudi.
“This facility will span 60 acres and focus on multi-product manufacturing, from regional snacks to biscuits, spices to atta, edible oil and much more. Over the next five years, it will generate 2,000 local jobs in Tamil Nadu,” said State Industries Minister TRB Rajaa.
This comes after a string of investments in tech, manufacturing, and, most recently, shipyards. “We continue to attract marquee national FMCG players into the State, and there is no major sector