Anil Ambani’s Defense Firm to Build Explosives, Ammunition & Small Arms—Massive ₹10,000 Crore Investment Unveiled

Anil Ambani’s Defense Firm:  Anil Ambani‘s Reliance Infrastructure has announced that subsidiary company Reliance Defence Limited will set up the largest integrated project to manufacture explosives, ammunition and small arms in Ratnagiri, Maharashtra. 

Reliance Allotted 1000 Acres for Dhirubhai Ambani Defense City in Ratnagiri

In a regulatory filing filed with the stock exchanges, Reliance Infrastructure said that the company has been allotted 1000 acres of land in the Watad Industrial Area of ​​Ratnagiri in Maharashtra to build Dhirubhai Ambani Defense City. In the same Dhirubhai Ambani Defense City (DADC), Reliance Infrastructure promoted company Reliance Defense Limited will set up a project to manufacture explosives, ammunition and small arms.

₹10,000 Crore Investment Planned for Ammunition and Small Arms Manufacturing

The ammunition range includes small, medium and large calibers and Terminally Guided Munition. The small arms portfolio will target both civil and military export markets. The company said that an investment of Rs 10,000 crore will be made on this project in the next 10 years. Reliance Infrastructure said that a possible joint venture is proposed for the project with six leading defense companies of the world. 

Reliance’s Successful Joint Ventures with Dassault and Thales Export Globally

Reliance has a successful joint venture with two major defense companies, Dassault Aviation and Thales of France, in Mihan, Nagpur, Maharashtra. Dassault Reliance Aerospace Limited (DRAL) and Thales Reliance Defense Systems (TRDS) export 100 percent of their production. Reliance Infrastructure said that through its subsidiary, the company has exported defense equipment worth Rs 1000 crore.

Reliance Defence Receives License for Arms Manufacturing; Stock Declines 5%

Reliance Infrastructure’s subsidiary companies Jai Armaments Limited and Reliance Defence Limited have already received license from the Government of India to manufacture arms and ammunition. The company gave this information after the market closed. Earlier, Reliance Infrastructure’s stock closed at Rs 254.55 with a decline of 5 percent.  

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In Short:

1- Reliance Defence Limited, a subsidiary of Reliance Infrastructure, will set up an arms and ammunition manufacturing project in Ratnagiri, Maharashtra.

2- 1000 acres of land have been allotted in Watad Industrial Area for the Dhirubhai Ambani Defense City.

3- The project will manufacture small, medium, large caliber ammunition and small arms for civil and military export markets.

4- An investment of ₹10,000 crore is planned over the next 10 years with potential joint ventures with six leading global defense companies.

5- Reliance has successful joint ventures with Dassault Aviation and Thales, exporting 100% of their production.