Reliance Infrastructure on Tuesday announced that it will be setting up an integrated project for manufacturing explosives, ammunition and small arms in Ratnagiri, Maharashtra.
The company has been allotted 1,000 acres of land in the Watad Industrial Area of Ratnagiri to develop the Dhirubhai Ambani Defence City (DADC). DADC will be the largest greenfield defence project in India by any private sector company, the company said.
Reliance Infrastructure plans to invest over Rs 10,000 crore in the project over the next 10 years. Through its subsidiaries, the company has already exported defence equipment worth more than Rs 1,000 crore over time.
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Reliance’s wholly owned subsidiaries, Jai Armaments and Reliance Defence, already hold licenses from the Union government to manufacture arms and ammunition. The proposed projects also envision potential joint ventures with up to six leading global defence companies.
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The company’s ammunition range will cover small, medium and large calibers, as well as terminally guided munitions (TGM).
Its small arms portfolio will target export markets for both civil and military applications. Reliance Infrastructure already has successful joint ventures at MIHAN, Nagpur, Maharashtra, with two leading global defence companies: Dassault Aviation and Thales of France. Both Dassault Reliance Aerospace and Thales Reliance Defence Systems export 100% of their production.
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