Reliance Defence Limited, a company promoted by Reliance Infrastructure, has secured an export order valued at INR 6 billion from Rheinmetall Waffe Munition GmbH. The contract is part of the company’s strategy to expand its international presence, especially in the European defence market.
The order follows the recently announced strategic partnership between Reliance Defence and Germany-based Rheinmetall. The two companies have agreed to collaborate on defence manufacturing, with a focus on ammunition production. This development also aligns with Reliance Defence’s plans to establish a facility for explosives, ammunition, and small arms manufacturing at the proposed Dhirubhai Ambani Defence City (DADC) in Ratnagiri, Maharashtra.
“The strategic partnership with Rheinmetall brings advanced capabilities to India and supports the vision of Aatmanirbhar Bharat, as advocated by Prime Minister Narendra Modi. Our goal is to position Reliance Defence among the top defence exporters globally,” stated Anil D. Ambani, Chairman of Reliance Group.
The Dhirubhai Ambani Defence City is described as a greenfield initiative in private-sector defence manufacturing, proposed for development in the Watad industrial area of Ratnagiri. The site is intended to support advanced manufacturing and export-oriented production.
Rheinmetall AG, headquartered in Düsseldorf, Germany, reported annual revenue of EUR 7.2 billion in 2024 and operates across more than 170 locations globally. Its core competencies include armoured vehicles, air defence systems, and ammunition technologies. As of June 2025, its market capitalisation is estimated to be between EUR 20 billion and EUR 30 billion.
The Reliance Group includes Reliance Infrastructure Limited and Reliance Power Limited. While the companies have previously reported debt reduction efforts, audited confirmation of debt-free status is not available. The group’s financial claims include an annual turnover and net worth of INR 330 billion each, a combined market capitalisation near INR 450 billion, and a shareholder base of over four million. Its business operations span energy, infrastructure, and defence manufacturing.
