Indian defence firm bags Rs 600 crore export order from German ammunition manufacturer

Anil Ambani-owned Reliance Defence Ltd announced that it secured a Rs 600 crore export order from German defence and ammunition manufacturer Rheinmetall Waffe Munition GmbH.

 

The company said the export order is one of the largest in the high-tech ammunition domain to date.

 

"This underscores the strength of its recently announced strategic partnership with Rheinmetall," a statement from the company read. 

 

The order represents a key milestone in Reliance Defence's strategy to strengthen its position as a reliable partner in the global defence and munition supply chain, with a particular focus on Europe, the company added.

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Reliance Defence had recently announced a strategic partnership with Rheinmetall. The export order will further strengthen this partnership, the Indian defence firm claimed.

 

According to Anil Ambani, 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 in Maharashtra and is set to become the largest greenfield project in the defence sector ever undertaken by any private firm in the country.

Defence