Reliance Infrastructure Promoted Reliance Defence, Enters into a Strategic Cooperation Agreement with Germany’s Diehl Defence, a Global Leader in Advanced Defence Manufacturing

• THE PARTNERSHIP WILL DRIVE PRODUCTION OF VULCANO 155 MM PRECISION GUIDED MUNITION SYSTEM, CATERING TO THE INDIAN ARMED FORCES
• RELIANCE DEFENCE HAS THE MARKET OPPORTUNITY TO POTENTIALLY GENERATE INR 10,000 CRORE IN REVENUE
• DIEHL DEFENCE, A GLOBAL LEADER IN GUIDED AMMUNITION, MISSILE SYSTEMS, AND AIR DEFENCE TECHNOLOGIES, HAS AN ANNUAL TURNOVER EXCEEDING EUR 2 BILLION (INR 20,000 CRORE)
• THIS MARKS RELIANCE GROUP’S FOURTH STRATEGIC GLOBAL PARTNERSHIP, FOLLOWING SUCCESSFUL COLLABORATION WITH RHEINMETALL AND JOINT VENTURES WITH DASSAULT AVIATION AND THALES
• RELIANCE DEFENCE AIMS TO BE ONE OF THE TOP THREE DEFENCE EXPORTERS FROM INDIA, CONTRIBUTING SIGNIFICANTLY TO NATION’S INDIGENOUS DEFENCE CAPABILITIES AND EXPORT TARGETS
• RELIANCE DEFENCE WILL ESTABLISH FULLY-OWNED GREENFIELD MANUFACTURING FACILITY AT THE DHIRUBHAI AMBANI DEFENCE CITY (DADC) IN RATNAGIRI, MAHARASHTRA

Mumbai. Reliance Infrastructure Limited (Reliance Infrastructure) promoted Reliance Defence Limited (Reliance Defence), on June 10 announced a landmark Strategic Cooperation Agreement with Germany’s, Diehl Defence, a global leader in advanced defence manufacturing, for the production of next-generation Terminally Guided Munitions (TGM). This milestone partnership represents a significant step forward for India’s private sector in defence manufacturing, and aligns strongly with the nation’s vision of achieving self-reliance in defence technology.

The partnership will drive local production of state-of-the-art, Vulcano 155 mm Precision Guided Munition system, catering to both the Indian Armed Forces. The advanced munition system will incorporate state-of-the-art, laser and GPS-guided targeting technology, enhancing precision striking capability, while ensuring high-impact accuracy for designated targets.

Reliance Defence has the market opportunity to potentially generate INR 10,000 Crore in revenue through the development and supply of advanced ammunition systems. The opportunity reflects not only organic growth potential but also the company’s ability to localize critical defence technologies, enhance value capture across the supply chain, and establish itself as a key private-sector partner in India’s defence modernization roadmap.

Reliance Defence aims to rank among India’s top three private defence exporters. As the prime contractor to the Indian Armed Forces, it will lead the execution of this high-impact programme, with Diehl Defence providing critical technology and system-level expertise. The manufacturing initiative includes over 50% indigenous value addition, and is aligned with the Government of India’s Make in India, and Atmanirbhar Bharat initiatives.

This marks Reliance Group’s fourth strategic global partnership, expanding upon its established collaborations with Dassault Aviation, Thales Group of France, and Rheinmetall. This alliance strengthens Reliance Defence’s role as a strategic partner in advancing India’s indigenous advance manufacturing.

Helmut Rauch, CEO, Diehl Defence said, “Diehl Defence looks forward to strengthen the current relationship with Reliance Group in the context of TGM for the Indian Armed Forces.”

Anil D. Ambani, Founder Chairman, Reliance Group said, “We are honoured to partner with Diehl Defence, a globally recognized leader in guided munition technology. This strategic alliance not only accelerates the advancement of India’s defence manufacturing capabilities, but also positions Reliance Defence as a pivotal player in the global defence supply chain. This collaboration is a testament to our commitment to operational excellence and innovation, aligning seamlessly with the Prime Minister’s vision of Make in India and Atmanirbhar Bharat initiative. It exemplifies our resolve to catalyse sustainable growth, foster technological sovereignty, and position India as a formidable leader in international defence arena.”

As part of the agreement, Reliance Defence will establish a high-tech, greenfield manufacturing facility in Watad Industrial Area, Ratnagiri, Maharashtra. The manufacturing facility will contribute significantly to meeting the operational needs of the Indian armed forces, while supporting the country’s ambitious defence export target of Rs. 50,000 crores by 2029.

The partnership is poised to be a value-accretive milestone for Reliance Infrastructure, and a catalyst for India’s emergence as a strategic global hub for defence manufacturing.

About Diehl Defence:

As a reliable partner of the German and international armed forces, Diehl Defence is a leading system house for air defence systems. In addition to systems for ground-based air defence, the product portfolio of the company headquartered in Überlingen (Germany) includes guided missiles for all branches of the armed forces, ammunition for army, air force and navy as well as protection systems. In addition, Diehl Defence develops and produces key components such as infrared modules, fuzes and special batteries. Diehl Defence currently employs around 4,500 people generating annual sales of over 2.0 billion euros.

About Reliance Group:

Reliance Group has two prominent companies under its umbrella, Reliance Infrastructure Limited and Reliance Power Limited, are debt-free with zero outstanding loans from banks or financial institutions.

The group’s financial strength is reflected in its net worth and annual turnover, each amounting to INR 33,000 crore, and market capitalization exceeding INR 45,000 crore, with a shareholder base exceeding 4 million.

Reliance Infrastructure Limited is active in the energy sector, focusing on power distribution in Delhi and power generation. The company also has interests in defence manufacturing and plays a key role in infrastructure development through special purpose vehicles (SPVs), including projects like the Mumbai Metro.

Reliance Power, a leading power generation company in India with a total installed capacity of 5,305 MW, including the 4,000 MW Ultra Mega Power Project in Sasan, Madhya Pradesh—currently the largest integrated thermal power plant in the world.