Reliance Defence, a subsidiary of Reliance Infrastructure, has successfully secured a ₹600 crore export order from Rheinmetall Waffe Munition GmbH, a leading German defence and ammunition manufacturer. Last month, Reliance Defence entered into a strategic agreement with Rheinmetall AG to supply artillery shells, explosives, and other ammunition products from a newly planned facility in Maharashtra.
This new export deal marks one of the largest in the high-tech ammunition sector, reaffirming the strength of the partnership between Reliance Defence and Rheinmetall, the company stated in a press release. The order is a significant step in Reliance Defence’s strategy to solidify its position as a trusted player in the global defence and munitions supply chain, particularly in Europe. The company aims to be among India’s top three defence exporters.
Armin Papperger, CEO of Rheinmetall AG, highlighted the importance of the partnership, stating, “Our collaboration with Reliance Defence underscores our commitment to India under the leadership of Prime Minister Narendra Modi.” Anil D Ambani, chairman of Reliance Group, added, “This partnership not only brings cutting-edge technology to India but also marks a key milestone for the country’s private defence manufacturing industry.”
Reliance Defence will set up a comprehensive manufacturing facility for explosives, ammunition, and small arms under the Dhirubhai Ambani Defence City (DADC) project in Ratnagiri, Maharashtra. The DADC will be the largest greenfield defence project ever undertaken by a private Indian company and is expected to drive innovation, advanced manufacturing, and export growth within the defence sector.
The Reliance Group encompasses two flagship companies—Reliance Infrastructure Limited and Reliance Power Limited—both of which are debt-free, with no outstanding loans from banks or financial institutions. This robust financial position is underscored by the Group’s impressive net worth, annual turnover, and market capitalization, each standing at ₹33,000 crore. With a shareholder base exceeding 4 million, the Group reflects strong investor confidence and financial resilience.
Reliance Infrastructure Limited operates across the energy and infrastructure sectors, with a significant presence in power distribution in Delhi and power generation. The company is also actively engaged in defense manufacturing and plays a pivotal role in infrastructure development through various Special Purpose Vehicles (SPVs). Key projects under its belt include the Mumbai Metro and multiple airport development initiatives, showcasing its capability in executing large-scale infrastructure ventures.
Reliance Power Limited is one of India’s leading private sector power generation companies, with a total installed capacity of 5,340 MW. This includes the landmark 4,000 MW Ultra Mega Power Project in Sasan, Madhya Pradesh, which holds the distinction of being the world’s largest integrated thermal power plant. The company continues to contribute significantly to India’s energy needs while maintaining operational excellence.
