Reliance Infrastructure Aims for ₹3,000 Crore in Defence Exports by FY27

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Reliance Infrastructure Ltd, part of the Anil Ambani-led Reliance Group, is targeting defence exports worth ₹3,000 crore by the end of financial year 2026–27, according to sources familiar with the company’s plans. The export focus is primarily on 155 mm calibre ammunition and related components.

In the current fiscal year alone, the company expects to export ammunition worth approximately ₹1,500 crore. So far, it has achieved export volumes of around ₹100 crore in artillery-related products and is positioning itself as one of India’s top three private sector defence exporters.

The primary export markets include countries in the European Union, which are seeing a surge in demand for replenishing artillery stockpiles. Market analysts estimate the total size of this restocking requirement to be about ₹4 lakh crore. Sources also indicated that Reliance has made initial inroads into markets in Southeast Asia.

A company spokesperson confirmed that expanding defence exports is a key priority as part of the development of the Dhirubhai Ambani Defence City (DADC) in Ratnagiri, Maharashtra. The project, with a planned investment of ₹5,000 crore, spans 1,000 acres in the Watad Industrial Area and is expected to be the largest private greenfield defence manufacturing initiative in India.

Reliance is establishing a plant within DADC to produce explosives and ammunition. It has also entered into a partnership with Rheinmetall AG of Germany, under which Reliance will supply explosives and propellants for various ammunition types. The collaboration includes plans for joint marketing and expanded cooperation. The Ratnagiri facility will have an annual capacity of 200,000 artillery shells, 10,000 tonnes of explosives, and 2,000 tonnes of propellants.

Reliance Infrastructure, a key player within the Reliance Group, is a prominent company in India’s infrastructure sector, focusing on various verticals such as power generation, transmission, distribution, transportation, and EPC (Engineering, Procurement, and Construction) projects. With a diverse portfolio, the company plays a crucial role in contributing to India’s development by building and operating large infrastructure projects, including roads, metro systems, and airports. It also has a significant presence in the energy sector, managing power distribution networks and generating clean energy through renewable sources. Reliance Infrastructure’s expertise in executing large-scale, complex projects positions it as a leader in driving India’s infrastructure growth, with a commitment to sustainability and innovation.