Anil Ambani's Reliance Defence signs pact with German firm for artillery shells, explosives supply
Anil Ambani's Reliance Defence signs pact with German firm for artillery shells, explosives supply
NEW DELHI: (May 22) Anil Ambani's Reliance Defence has signed an agreement with German arms manufacturer Rheinmetall AG for the supply of ammunitions like artillery shells and explosives from a new facility to be set up in Maharashtra.
"Reliance Infrastructure Ltd-promoted Reliance Defence Ltd (Reliance Defence) and Dusseldorf-based Rheinmetall AG have agreed on a strategic partnership in the field of ammunition. An Agreement to this effect has now been signed by the representatives of both companies," the Indian firm said in a statement.
This is the third defence tie-up by the group after joint ventures with Dassault Aviation and Thales of France.
