Reliance Defence partners with Rheinmetall AG, a global defence giant, to set up India's largest integrated defence manufacturing facility

Reliance Defence Limited and Rheinmetall AG, one of the world's largest defence conglomerates, have agreed on a strategic partnership in the field of ammunition. This partnership marks the third major alliance for Reliance Defence, following its successful strategic alliances with Dassault Aviation and the Thales Group of France. The collaboration between the companies will include supply of explosives and propellants for medium & large caliber ammunition to Rheinmetall by Reliance. Furthermore the two companies intend to engage in joint marketing activities for selected products and are aiming to further extend their cooperation based on future opportunities. The strategic partnership will strengthen India’s defence manufacturing capabilities aligning with the Government of India’s flagship ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives. It advances the vision of Hon’ble Prime Minister Shri Narendra Modi to position India among the world’s leading defence exporters. In order to support this collaboration, Reliance Defence Ltd will set up a Greenfield manufacturing facility in the Watad Industrial Area, of Ratnagiri, Maharashtra. This new facility will help Reliance Defence achieve its objective of amongst top three Defence exporters in the country.