Reliance Infra Sets Sights on ₹3,000 Crore Defence Export Milestone

Image Source: Business Standard

Strategic Expansion in Defence Manufacturing
Reliance Infrastructure Ltd, the flagship company of Anil Ambani’s Reliance Group, is making bold moves in the defence sector with an ambitious target of ₹3,000 crore in exports by the financial year 2027. The company has already achieved ₹100 crore in artillery ammunition exports and aims to reach ₹1,500 crore in the current fiscal year.

Key Markets and Growth Potential
Reliance Infra's major export markets are the European Union and Southeast Asia, where there is booming demand for artillery ammunition as a result of extensive restocking activities. The market size for restocking has been estimated by industry experts at ₹4,00,000 crore, providing a potential goldmine for the firm.

Dhirubhai Ambani Defence City: A Game-Changer
Reliance Infra is constructing the Dhirubhai Ambani Defence City in Ratnagiri, Maharashtra, with a total investment of ₹5,000 crore. The 1,000-acre Watad Industrial Area is where the project is located and it will be India's largest private sector greenfield defence manufacturing complex. The complex will have an integrated explosives and ammunition factory, further establishing Reliance's presence in the sector.

Strategic Partnership with Rheinmetall AG
In a significant collaboration, Reliance Defence has partnered with Düsseldorf-based Rheinmetall AG. The alliance will focus on supplying explosives and propellants for medium and large-caliber ammunition. Additionally, both companies plan to engage in joint marketing efforts and explore future expansion opportunities.

Manufacturing Capacity and Future Prospects
Reliance Defence's new facility in Ratnagiri will produce 200,000 artillery shells, 10,000 tons of explosives, and 2,000 tons of propellants annually. The expansion will place the company in India's top three defence exporters, cementing its stand in global defence supply chains.

Sources: Economic Times, Hindu BusinessLine, DNA India, MSN News, PTI Reports.