Reliance Infrastructure to Invest Rs. 10,000 Cr in Largest Integrated Defence Manufacturing Project in Ratnagiri

Reliance Infrastructure Limited has announced setting up the largest Integrated project for Manufacturing of Explosives, Ammunition and Small Arms in Ratnagiri, Maharashtra. The company has been allotted 1000 acres of Land in Watad Industrial Area of Ratnagiri, Maharashtra to develop Dhirubhai Ambani Defence City (DADC). The project is expected to see an investment of over Rs. 10,000 Cr over the next 10 years. Reliance Infrastructure, through its subsidiaries, has already exported defence equipment worth more than Rs. 1,000 Cr over a period of time. The company's wholly owned subsidiaries Jai Armaments Limited and Reliance Defence Limited already have license from Govt of India for manufacturing of Arms and Ammunition.