Reliance Consumer Products Limited (RCPL) a subsidiary of Mukesh Ambani-led Reliance Industries has acquired the SIL brand a well-known name in the food segment that manufactures sauces soups jams and chutneys. This acquisition marks yet another addition to Mukesh Ambani’s portfolio of companies further solidifying his foray into the fast-moving consumer goods (FMCG) sector. Mukesh Ambani the chairman of Reliance Industries has been buying many companies recently. From acquiring streaming rights of Disney+ Hotstar to Navi Mumbai International Airport (NMIA) Campa soft drinks and Raskik beverages his focus spans various sectors including energy beverages and FMCG.  The SIL brand acquisition aligns with Reliance’s strategy to expand its presence in the FMCG market where it will compete directly with giants like Hindustan Unilever Limited (HUL) Tata Consumer and Cremica. SIL Brand Acquisition RCPL stated that the acquisition of SIL reflects its commitment to revitalizing and enhancing iconic Indian heritage brands. SIL Foods’ product range includes sauces soups chutneys jams cooking pastes mayonnaise and baked beans. Ketan Modi COO of RCPL expressed confidence in SIL’s potential saying “Reliance Consumer Products is focused on preserving India’s rich cultural and heritage legacy while building a business for the future. We believe we can unlock SIL Foods’ full potential and make it more relevant in today’s rapidly evolving market.” The acquisition involves only the SIL brand excluding its manufacturing plants in Pune and Bengaluru. RCPL aims to strengthen its grip on the FMCG sector with this move. However the financial terms of the deal have not been disclosed. About SIL Foods: SIL is an iconic Indian food brand with over 70 years of legacy. Originally founded as James Smith & Company the brand has changed hands multiple times over the years. Since 2021 SIL has been managed by Food Service India. Its legacy products have enjoyed significant recognition in the Indian market. About RCPL: RCPL is a subsidiary of Reliance Industries chaired by Mukesh Ambani. Over the past few years Reliance has been strategically acquiring or investing in various companies across different sectors. With this acquisition Reliance aims to further strengthen its FMCG portfolio and take on established players in the market.