Reliance Infra to invest $1.2 billion in ammunition manufacturing project

Reliance Infrastructure, led by Anil Ambani, is set to invest $1.2 billion over the next decade in a major ammunition and explosives manufacturing project. This strategic initiative is part of Reliance’s effort to strengthen its footprint in India’s defense sector, aligning with the government’s ‘Make in India’ initiative that encourages domestic production. The project will involve the production of a range of defense products, including ammunition and small arms, to support India’s defense needs. Reliance aims to leverage this investment to enhance self-reliance in defense manufacturing and become a key player in the industry.

The company has already set up facilities and plans to expand its manufacturing capabilities, targeting both the domestic market and potential exports. The investment not only aligns with national security goals but also aims to contribute to job creation and technological development in the sector. This move positions Reliance Infrastructure as a crucial partner in India’s efforts to bolster its defense production capacity, reducing dependency on imports and fostering economic growth through defense manufacturing.