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Reliance Infrastructure done its subsidiaries has exported defence instrumentality worthy much than Rs 1,000 crore implicit a play of time. (File Photo)
Reliance Infrastructure Ltd, portion of the Anil Ambani group, connected Tuesday announced the mounting up of an integrated task for the manufacturing of explosives, ammunition and tiny arms successful Maharashtra. The institution volition put implicit Rs 10,000 crore implicit the adjacent 10 years, it said.
The institution said it has been allotted 1000 acres of onshore successful Watad Industrial Area of Ratnagiri, Maharashtra to make Dhirubhai Ambani Defence City (DADC). “DADC volition beryllium the largest greenfield task successful the defence assemblage successful India by immoderate backstage assemblage company,” the institution said.
Reliance Infrastructure done its subsidiaries has exported defence instrumentality worthy much than Rs 1,000 crore implicit a play of time. Its wholly owned subsidiaries Jai Armaments Ltd and Reliance Defence Ltd already person licence from the authorities for manufacturing of arms and ammunition, the institution said.
The projected projects envisage imaginable associated ventures with up to six starring planetary defence companies. “Ammunition scope volition see small, mean & ample caliber and terminally guided munition (TGM). Small arms portfolio volition code the export markets, some Civil and Military applications,” the institution said.
Reliance already has associated ventures (JVs) astatine MIHAN, Nagpur, Maharashtra with 2 of the starring planetary defence companies – Dassault Aviation and Thales of France.
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