Joint Venture10 Jun 2025, 04:51 pm
Reliance Defence Strengthens Strategic Partnership with Diehl Defence for Guided Munition
AI Summary
Reliance Defence and Diehl Defence have discussed further details of their strategic partnership, focusing on the supply of 'System Vulcano 155mm Precision Guided Munition' for the Indian Armed Forces. The collaboration is part of Diehl Defence's commitment to the Indian market and the 'Make in India' initiative. The overall indigenous content will be more than 50%. This cooperation will also benefit from Reliance's current activities of setting up a greenfield manufacturing facility in Ratnagiri, Maharashtra.
Key Highlights
- Reliance Defence and Diehl Defence strengthen their strategic partnership
- Focus on the supply of 'System Vulcano 155mm Precision Guided Munition' for Indian Armed Forces
- Collaboration is part of Diehl Defence's commitment to the Indian market and 'Make in India' initiative
- Overall indigenous content will be more than 50%
- Benefiting from Reliance's current activities of setting up a greenfield manufacturing facility in Ratnagiri