Reliance Infrastructure Subsidiary Alliance Defence Secures One of India’s Largest Ammunition Deals
New Delhi, June 25 – In a major boost to India’s private defence manufacturing sector, Alliance Defence Limited, a subsidiary of Reliance Infrastructure, has clinched a significant export order worth ₹600 crore from Germany’s Rheinmetall Waffe Munition GmbH. The announcement was made by the company on Wednesday, sparking a strong surge in its stock prices.
🔰 Strategic Leap in Global Defence Market
This deal is not only one of the largest export orders in the ammunition segment but also a strategic milestone in Reliance Defence’s global expansion journey. The order follows the recent launch of a key partnership between the two companies aimed at deepening collaboration in the production of advanced defence systems.
Reliance Infrastructure, led by Anil Dhirubhai Ambani, has officially communicated the development to the stock exchanges, highlighting it as a testament to the strength of the alliance with Rheinmetall and a key step toward becoming a leading player in global defence supply chains.
🇮🇳 Empowering Atmanirbhar Bharat & Make in India
According to the company, the collaboration will not only fuel technology transfer but also significantly boost India’s defence self-reliance. Through SDL (Strategic Defence Line), Alliance Defence aims to build indigenous capabilities and emerge among the top three defence exporters in India.
The deal is also expected to enhance India’s presence in the European defence market, reinforcing the country’s potential as a hub for critical hardware manufacturing.
💬 “Decisive Milestone,” Says Anil Ambani
Reliance Group Chairman Anil Ambani termed the agreement a “decisive milestone” in India’s private defence production landscape. “Our partnership with Rheinmetall will bring advanced defence capabilities to India and boost the ‘Make in India’ mission,” Ambani noted.
📈 Share Market Reaction: Stock Hits Upper Circuit
Following the news, Reliance Infrastructure shares surged by 5%, hitting the upper circuit limit of ₹404. The stock has been on a bullish trajectory, with a 37.71% gain in the last month, over 64% in the past three months, and a 90% rally over the previous year.
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