Reliance Infra aims to build India's largest pvt sector greenfield defence project in Maharashtra with Rs 10,000 cr investment

Reliance Infrastructure announced plans to establish the largest integrated project for manufacturing explosives, ammunition, and small arms in Ratnagiri, Maharashtra. The project, named Dhirubhai Ambani Defence City (DADC), will be developed on 1...

Agencies
Anil Ambani led Reliance Infrastructure on Tuesday announced the setting up of India's largest Integrated project for the manufacturing of explosives, ammunition and small arms in Ratnagiri, Maharashtra. The company will invest over Rs. 10,000 crore over the next 10 years.

Reliance Infrastructure has been allotted 1000 acres of Land in Watad Industrial Area of Ratnagiri, Maharashtra to develop Dhirubhai Ambani Defence City (DADC).

DADC will be the largest Greenfield project in the Defence Sector in India by any Private Sector company, Reliance said in a statement.


Reliance Infrastructure through its subsidiaries has exported defence equipment worth more than Rs. 1,000 Cr over a period of time.

Reliance Infrastructure’s wholly owned subsidiaries Jai Armaments Limited and Reliance Defence Limited already have license from the government of India for the manufacturing of Arms and Ammunition.

The company's scrip ended at Rs 254.25, down 4.99% on the BSE, Tuesday.
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Business News › News › Defence › Reliance Infra aims to build India's largest pvt sector greenfield defence project in Maharashtra with Rs 10,000 cr investment
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