Reliance Defence ties up with German firm to make ammunition
Reliance Defence Limited, a company promoted by Reliance Infrastructure Limited, has entered into a strategic partnership with Düsseldorf-based Rheinmetall AG in the field of ammunition, according to a statement issued by Reliance.
Under the agreement, Reliance will supply Rheinmetall with explosives and propellants for medium and large-calibre ammunition. The partnership marks a significant step in strengthening Reliance’s defence manufacturing capabilities. Anil Ambani is the Chairman of the Reliance Group.
As part of the collaboration, Reliance will establish a greenfield manufacturing facility in the Watad Industrial Area of Ratnagiri, Maharashtra. The facility will have the capacity to produce up to 200,000 artillery shells, 10,000 tonnes of explosives and 2,000 tonnes of propellants annually.
Reliance Defence already has strategic partnerships with France-based Dassault Aviation and Thales Group. It recently announced plans to develop an integrated manufacturing project for explosives, ammunition and small arms under the Dhirubhai Ambani Defence City initiative.
