Reliance Defence and Rheinmetall AG Forge Strategic Partnership in Ammunition
Reliance Defence Limited, promoted by Reliance Infrastructure Limited, and Düsseldorf-based Rheinmetall AG have signed an agreement for a strategic partnership in the field of ammunition. This partnership marks the third major alliance for Reliance Defence, following its collaborations with Dassault Aviation and the Thales Group of France.
The collaboration between Reliance Defence and Rheinmetall AG will include the supply of explosives and propellants for medium and large-caliber ammunition. The two companies will also engage in joint marketing activities for selected products and aim to further extend their cooperation based on future opportunities.
Anil D. Ambani, Founder and Chairman, Reliance Group said “ This strategic partnership brings cutting-edge capabilities to India, marking a transformational moment for country’s private defence manufacturing sector. Guided by the vision of ‘Aatmanirbhar Bharat’, as championed by Prime Minister, Shri Narendra Modi, our objective is clear – to position Reliance Defence among the Top 3 Defence Exporters, enabling India to not only meet its domestic defence needs, but also emerge as a key player in the global defence supply chain.”
To support this collaboration, Reliance Defence will set up a greenfield manufacturing facility in the Watad Industrial Area of Ratnagiri, Maharashtra. The facility will have an annual capacity to produce up to 200,000 artillery shells, 10,000 tons of explosives, and 2,000 tons of propellants.
Armin Papperger, CEO of Rheinmetall AG emphazised that “this Strategic Partnership of Rheinmetall with Reliance Defence led by Anil Ambani’s Reliance Group illustrates our strong commitment to partner with India under the strong leadership of Prime Minister Modi”.
Rheinmetall AG is one of the world’s largest defence conglomerates, with a market capitalization of over EUR 80 billion. The company excels in critical domains such as armoured vehicles, infantry fighting vehicles, advanced air defence systems, and state-of-the-art ammunition technology.
