Mumbai, March 7 (IANS). Reliance Industries Limited Chairman and Managing Director Mukesh Ambani along with his son Anant Ambani welcomed Finland’s President Alexander Stubb at his home in Mumbai. Information about this was given on Saturday.
Reliance Industries Limited posted on the social media platform ‘X’ and said that this meeting reflects the spirit of strengthening mutual relations through friendship, meaningful dialogue and shared values.
During his visit to India, Alexander Stubb said that the role of India and the Global South in making the global system cooperative, fair and representative is continuously increasing.
During this, PM Narendra Modi also said that cooperation between India and Finland will further increase in key technical areas like artificial intelligence, 5G and 6G telecommunication, advanced data analytics and quantum computing. The two countries also agreed to strengthen research cooperation and promote innovation.
Joint research projects will also be undertaken between India’s Department of Science and Technology and Business Finland, Finland’s innovation funding agency. In these, work will be done on areas like renewable energy, smart city, hydrogen technology, electric vehicles and waste management.
Meanwhile, Reliance Consumer Products Limited, the FMCG arm of RIL, has signed an MoU with Finland’s leading food company Pfizer.
Under this agreement, both the companies will form a long-term strategic partnership in India. Under this, premium chocolates will be produced, marketed and distributed across the country based on Pfizer’s recipe and high quality standards.
This partnership will combine Pfizer’s renowned brands and product portfolio with RCPL’s vast network, which has access to approximately 3 million retail outlets in India and a deep understanding of the Indian market.
According to the company, this partnership has the potential to create a strong and niche position in India’s fast-growing chocolate and confectionery market, as consumer incomes and organized retail are growing rapidly in the country.
–IANS
AMT/DKP
