Reliance Defence, Rheinmetall AG to build major ammo unit in Maharashtra

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Reliance Defence, Rheinmetall AG to build major ammo unit in Maharashtra - Business Standard

Quick Summary:

Rheinmetall AG, one of the world’s largest defence firms, closed 2024 with revenues of €9.8 billion and operations across 171 locations globally.

Once completed, it will represent the largest greenfield defence initiative undertaken by a private company in India.

This marks Reliance Defence’s third significant international partnership, following earlier collaborations with Dassault Aviation and Thales Group of France.