Reliance gets Rs 600-cr defence order from German maker

Reliance Defence Limited (Reliance Defence) today announced it had secured a export order worth Rs 600 crore from Rheinmetall Waffe Munition GmbH, a leading German defence and ammunitions manufacturer.

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Reliance Defence’s export order is one of the largest in the high-technology ammunition domain to date, the company said. This underscores the strength of its recently announced strategic partnership with Rheinmetall.

Armin Papperger, CEO of Rheinmetall AG, while announcing the strategic partnership said, “This strategic partnership of Rheinmetall with Reliance Defence led by Anil Ambani’s Reliance Group illustrates our strong commitment to partner with India under the strong leadership of Prime Minister Narendra Modi.”

Anil D Ambani, Founder Chairman, Reliance Group said, “The strategic partnership with Rheinmetall brings cutting-edge capabilities to India and represents a defining milestone for the country’s private defence manufacturing sector.”.

Reliance Defence will establish an integrated facility for the manufacturing of explosives, ammunition, and small arms under the ambitious Dhirubhai Ambani Defence City (DADC) initiative.

The DADC is being developed in the Watad industrial area of Ratnagiri, Maharashtra, and is set to become the largest greenfield project in the defence sector ever undertaken by any private company in India.