Image Source: biztechindia
Reliance Retail, the retail arm of Reliance Industries Ltd, has acquired the brand licensing rights for Kelvinator, marking a strategic push into the consumer durables segment. The move is part of Reliance’s broader plan to consolidate its FMCG and electronics portfolio under a new entity, New Reliance Consumer Products Ltd (New RCPL), ahead of a potential retail IPO.
Key Highlights:
-
Reliance Retail will manufacture and market Kelvinator products including refrigerators, washing machines, air conditioners, and microwave ovens.
-
The brand rights were acquired through a long-term licensing agreement with Electrolux, Kelvinator’s global owner.
-
Kelvinator products will be distributed via Reliance’s offline stores, JioMart, and other e-commerce platforms.
Strategic Context:
-
The acquisition complements Reliance’s earlier deals for BPL, Campa Cola, Lotus Chocolate, and Sosyo Hajoori Beverages.
-
New RCPL will house all consumer brands, enabling focused investment, marketing, and product development.
-
The restructuring aims to attract dedicated FMCG investors and streamline operations for IPO readiness.
Market Outlook:
-
Kelvinator’s revival targets the mass-to-premium segment, leveraging nostalgia and aggressive pricing.
-
Reliance plans to launch festive campaigns and expand manufacturing through third-party vendors under the Make in India initiative.
-
Analysts expect the move to boost Reliance’s private label segment and challenge incumbents like Whirlpool, Haier, and LG.
Sources: Business Today, Outlook Business, Swarajya, The Hindu BusinessLine, Indian Retailer, MSN Money (July 2025)
Advertisement
Advertisement