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Friday, October 4, 2024

Reliance Industries launches R&D centre to drive innovation in consumer goods

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Reliance Industries Limited (RIL) has established an R&D centre to develop and test products in its consumer goods division, focusing͏͏ on͏͏ the͏͏ food,͏͏ home,͏͏ and͏͏ personal͏͏ care͏͏ categories.͏͏ The͏͏ company͏͏ is͏͏ also͏͏ experimenting͏͏ with͏͏ nano͏͏ factories͏͏ to͏͏ produce͏͏ and͏͏ package͏͏ small͏͏ batches͏͏ for͏͏ trial͏͏ launches.

Continue͏͏ Exploring:͏͏ Reliance Industries pumps͏͏ INR͏͏ 15,000͏͏ Cr͏͏ into͏͏ Reliance͏͏ Retail͏͏ for͏͏ expansion͏͏ and͏͏ new͏͏ store͏͏ formats

State-of-the-Art͏͏ Facility:

“The͏͏ new͏͏ 150,000͏͏ sq͏͏ ft͏͏ centre͏͏ in͏͏ Whitefield,͏͏ Bengaluru,͏͏ has͏͏ already͏͏ brought͏͏ on͏͏ board͏͏ 50͏͏ scientists͏͏ and͏͏ 100͏͏ support͏͏ staff,”͏͏ said͏͏ two͏͏ officials͏͏ familiar͏͏ with͏͏ the͏͏ development.͏͏ “Once͏͏ completed,͏͏ this͏͏ facility͏͏ will͏͏ be͏͏ among͏͏ the͏͏ first͏͏ fully͏͏ integrated͏͏ centres,͏͏ featuring͏͏ an͏͏ R&D͏͏ unit͏͏ for͏͏ product͏͏ development͏͏ across͏͏ various͏͏ categories,͏͏ a͏͏ consumer͏͏ engagement͏͏ centre͏͏ for͏͏ live͏͏ experiences͏͏ and͏͏ feedback,͏͏ and͏͏ pilot͏͏ manufacturing͏͏ capabilities͏͏ to͏͏ produce͏͏ small͏͏ batches͏͏ of͏͏ newly͏͏ developed͏͏ products͏͏ for͏͏ sampling͏͏ and͏͏ test͏͏ marketing.”

The͏͏ initiative͏͏ is͏͏ part͏͏ of͏͏ Reliance’s͏͏ broader͏͏ strategy͏͏ to͏͏ enter͏͏ and͏͏ expand͏͏ its͏͏ presence͏͏ across͏͏ various͏͏ consumer͏͏ categories.

Continue͏͏ Exploring:͏͏ Reliance Industries targets͏͏ consumer͏͏ durables͏͏ market͏͏ with͏͏ Wyzr͏͏ brand͏͏ expansion

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