Reliance Infrastructure Ltd, led by Anil Ambani, is making a bold entry into India’s growing defence export market. With a strategic focus on large-calibre ammunition, the company is setting ambitious targets and building robust infrastructure to support its vision. As global demand surges, especially from the European Union, Reliance aims to capitalise on this momentum through scale, innovation, and international collaboration.
Reliance Infrastructure Ltd, the flagship company of Anil Ambani’s Reliance Group, is aiming to generate ₹3,000 crore in export revenues from 155 mm ammunition and aggregates by the end of the financial year 2027, as per news reports.
In the current fiscal year itself, the company is estimated to export ₹1,500 crore worth of large-calibre ammunition. Having already achieved exports up to ₹100 crore in artillery ammunition and aggregates, Reliance Infrastructure is striving to position itself among the top three defence equipment exporters in India.
Key export markets include European Union countries, where there is significant restocking demand for artillery ammunition. Experts estimate the restocking market size at ₹4,00,000 crore. The company has also made notable progress in the Southeast Asian market.
To support its export goals, Reliance Infrastructure is developing the Dhirubhai Ambani Defence City (DADC) in Ratnagiri, Maharashtra, with a capital outlay of ₹5,000 crore. The company has been allotted 1,000 acres of land in the Watad Industrial Area to establish the DADC. This will be the largest greenfield defence sector project in India by any private sector company.
The integrated explosives and ammunition manufacturing facility at DADC is expected to significantly enhance production capacity. According to Economic Times, Reliance Defence has recently formed a strategic partnership with Dusseldorf-based Rheinmetall AG. The partnership involves the supply of explosives and propellants for medium and large calibre ammunition to Rheinmetall.
The companies will also engage in joint marketing efforts for selected products and intend to expand cooperation based on future opportunities. To facilitate this collaboration, Reliance Defence will set up a greenfield facility in Ratnagiri with an annual production capacity of 200,000 artillery shells, 10,000 tonnes of explosives and 2,000 tonnes of propellants.
Read More: Reliance Infra; Reports 7% YoY Revenue Growth in FY25 Results
As of June 02, 2025, at 12:15 PM, Reliance Infrastructure share price is trading at ₹342.95 per share, reflecting a surge of 3.77% from the previous closing price. Over the past month, the stock has declined by 36.88%.
Reliance Infrastructure’s aggressive push into the defence export market, anchored by the development of the Dhirubhai Ambani Defence City and collaboration with global players like Rheinmetall AG, signals a major stride in India’s private sector defence capabilities. The company’s focus on high-calibre ammunition exports aligns with rising global demand, especially in Europe.
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Published on: Jun 2, 2025, 2:53 PM IST
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