Defence Export - Business Outrank

Reliance Infrastructure operates aggressively in the global defence market to achieve defence exports worth ₹3,000 crore by FY27 with ₹1,500 crore projected for this year. The company has achieved ₹100 crore in exports of 155 mm artillery ammunition and aggregates which establishes its position as a major player in India's private defence export industry. Reliance targets the European Union as its main market because the region needs to restock artillery ammunition extensively with a total market value of ₹4,00,000 crore. The company continues to expand its operations in South East Asia. The development of Dhirubhai Ambani Defence City (DADC) in Ratnagiri Maharashtra stands as the central element for this ambition. The ₹5,000 crore investment at DADC will utilize 1,000 acres of land to create India's biggest private defence project in a greenfield development. The facility will operate as a single location for ammunition production together with explosive and propellant manufacturing. Through its partnership with Rheinmetall AG of Germany Reliance Infrastructure delivers medium and large caliber ammunition together with explosives and propellants. The partnership includes joint marketing activities together with expanded cooperation between the two companies. The Ratnagiri plant operates at full capacity to manufacture 200,000 artillery shells together with 10,000 tons of explosives and 2,000 tons of propellants annually which drives Reliance's goal to reach the top three defence exporter position.

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Browsing: Defence Export

Reliance Infrastructure Targets ₹3,000 Crore Defence Export Boost by FY27

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