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Reliance Defence ties up with Rheinmetall AG to manufacture military grade ammunition
The Statesman Kolkata
|May 24, 2025
The Anil Ambani-owned Reliance Defence Limited, which is a subsidiary of Reliance Infrastructure Limited, has announced in an official statement that it has signed a strategic agreement with Germany-based Rheinmetall AG to manufacture military grade ammunition in India.
The partnership will focus on the supply of explosives and propellants for medium and large-calibre ammunition, with joint marketing of selected products and scope for further collaboration, according to a company statement.
"The new state-of-the-art facility will make a significant contribution to supplying the country's armed forces. The defence manufacturing complex will support India's ambitious defence export target of Rs 50,000 crore by 2029," the Anil Ambani-owned Reliance Group said in a statement.
Dit verhaal komt uit de May 24, 2025-editie van The Statesman Kolkata.
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