Reliance Infra and Coastal Mechanics Partner to Bolster India's Defence MRO Segment

Reliance Defence, a wholly owned subsidiary of Reliance Infrastructure, has signed an agreement with US-based defence contractor Coastal Mechanics Inc. (CMI). Reportedly, the plan is to tap into India’s defence maintenance, repair, and overhaul (MRO) and upgrade market, estimated at ₹20,000 crore.

Joint Venture in Maharashtra

The 2 companies will establish a joint venture at MIHAN (Multi-modal International Cargo Hub and Airport at Nagpur) in Maharashtra. The facility will cater to both air and land defence platforms used by the Indian armed forces and will also support export markets.

The JV will work on upgrading over 100 Jaguar aircraft, 100 MiG-29 fighter jets, 20 Apache attack helicopters, and L-70 air defence guns. The focus is on lifecycle support and modernisation of legacy systems rather than full replacements.

Coastal Mechanics is an authorised contractor for the US Department of Defence and has been supplying components to the US Air Force and Army since 1975. The agreement may allow Reliance Defence to access future contracts through the Foreign Military Sales (FMS) route, as per PTI.

India’s Defence Output and Exports 

In FY25, India’s defence production touched ₹1.46 trillion, a 15% increase from the previous year. Defence exports reached ₹24,000 crore. The MRO segment is expected to grow as India focuses on domestic capability and longer asset life cycles.

Read more: Reliance Infrastructure Aims for ₹3,000 Crore in Defence Exports in Next 2 Years!

Reliance Infrastructure Share Price Performance 

As of 09:45 AM on July 1, 2025, Reliance Infrastructure share price was at ₹408.95, a 0.17% decline. The stock is up 28.45% over the past 6 months and 117.1% over the past year.

Conclusion

The new joint venture between Reliance Defence and Coastal Mechanics adds to India’s growing defence infrastructure, particularly in the area of sustainment and upgrade services. The partnership is to contribute to both domestic defence readiness and potential international supply contracts.

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