Do Not Call
Reliance Infrastructure has achieved a milestone in India's defence sector by becoming the first private-sector company to design and develop new-generation 155mm artillery ammunition. This achievement is part of India's growing push for self-reliance in defence manufacturing under the 'Make in India' initiative.
Innovative Ammunition Development: Reliance Infrastructure has developed four types of 155mm artillery ammunition using fully indigenous technology.
Defence Ministry’s Expectations: The company expects orders worth ₹10,000 Crores from the Indian Ministry of Defence (MoD) over the next 10 years.
Export Potential: The company is also targeting ₹10,000 Crores in export revenue, positioning itself to become one of India’s top defence hardware exporters.
New Manufacturing Facility: Reliance is investing ₹5,000 Crores in a new explosives and ammunition manufacturing plant in Ratnagiri, Maharashtra.
The table given below highlights the key components related to Reliance Infrastructure's recent breakthrough. These include the ammunition types developed, the technology used, and the investment in manufacturing.
Component |
Details |
|---|---|
Ammunition Developed |
155mm artillery shells (4 types) |
Technology |
Fully indigenous technology |
Partnering Agencies |
DRDO, Armament Research and Development Establishment (ARDE) |
Supply Chain Involved |
10 Indian companies |
Estimated Orders from MoD |
₹10,000 Crores over the next 10 years |
Expected Export Revenue |
₹10,000 Crores over the next decade |
New Manufacturing Facility Investment |
₹5,000 Crores in Ratnagiri, Maharashtra |
Reliance Infrastructure's ammunition development marks a significant leap for the private sector in India's defence industry, traditionally dominated by public-sector enterprises. The company’s involvement in the Design-cum-Production Partner programme with DRDO and ARDE showcases its growing role in bolstering India’s self-reliance in defence production.
Reliance’s new ₹5,000 Crores manufacturing plant in Ratnagiri, Maharashtra, will further support its expansion plans. The facility is expected to produce a range of defence products, including ammunition, explosives, and related components, bolstering the company’s domestic and export capabilities.
This content is for informational purposes only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.
Sources
Business Standard — Reliance Infrastructure’s Breakthrough in Defence Ammunition, https://www.business-standard.com/
Economic Times — Reliance Infrastructure's Ammunition Development and Future Plans, https://economictimes.indiatimes.com/
34389
Navigate the tax maze with ease! Uncover Income Tax 101, demystify jargon with Terms for Beginners, and choose between Old or New Regimes.
63634
Unlock the world of credit! From picking the perfect card to savvy loan management, navigate wisely.
41678
Money Management and Financial Planning covers personal finance basics, setting goals, budgeting...
18049
Explore the investment cosmos! From beginner's guides to sharp-witted strategies, explore India's treasure trove of options.
3229
Discover essential insights on various types of insurance in India.
4375
Welcome to Tech in Finance, where we explore the exciting intersection of technology and finance...
Personal Loan, Business Loan, Collateral
Fixed Deposit, Mutual Fund, NPS, Demat A/C, SGB
General Insurance, Life Insurance, Term Insurance
Stocks, IPOs
Credit Score, Report & Analysis
Smart Phone, Speaker, EarPhone
.jpeg "image not found")
.jpeg "image not found")
