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(25 Jun 2025, 15:47)

Reliance Infra hits the roof after bagging Rs 600-cr export order from Rheinmetall

Reliance Infrastructure hit an upper circuit of 5% at Rs 404.05 after the company announced that its defence arm, Reliance Defence, has secured a major export order worth Rs 600 crore from Rheinmetall Waffe Munition GmbH.


Rheinmetall Waffe Munition GmbH is a leading German defence and ammunition manufacturer.

This deal marks one of the largest high-tech ammunition export orders to date from India and underscores the strength of the recently formed strategic partnership between Reliance Defence and Rheinmetall. The order is a key milestone in Reliance Defence’s ambition to become a significant player in the global defence and munitions supply chain, with a particular focus on expanding its footprint in Europe.

The collaboration highlights both companies’ long-term commitment to advancing indigenous defence manufacturing under the ‘Atmanirbhar Bharat’ and ‘Make in India’ initiatives. Reliance Defence has set a target to be among the top three defence exporters in the country.

According to the company, the order reflects the growing capabilities of India's private sector in delivering high-quality defence products that meet rigorous international standards. It also reinforces Reliance Defence’s strategic direction to expand its global presence, identifying Europe as a critical market for future growth.

To support its expanding operations, Reliance Defence will establish an integrated manufacturing facility for explosives, ammunition, and small arms under the Dhirubhai Ambani Defence City (DADC) initiative. Located in the Watad industrial area of Ratnagiri, Maharashtra, the DADC is poised to become the largest greenfield defence sector project ever undertaken by a private company in India. It will serve as a hub for innovation, advanced production, and export-driven growth in the defence industry.

Armin Papperger, CEO of Rheinmetall AG while announcing the strategic partnership said, “this Strategic Partnership of Rheinmetall with Reliance Defence led by Anil Ambani’s Reliance Group illustrates our strong commitment to partner with India under the strong leadership of Prime Minister Modi”.

Anil D. Ambani, founder chairman, Reliance Group said “The strategic partnership with Rheinmetall brings cutting-edge capabilities to India and represents a defining milestone for the country’s private defence manufacturing sector. Guided by the vision of Aatmanirbhar Bharat, as championed by Prime Minister Shri Narendra Modi, our ambition is clear — to position Reliance Defence among the world’s Top 3 defence exporters. Through this, we aim to enable India not only to meet its domestic defence needs with confidence, but also to establish itself as a trusted force in the global defence supply chain.”

Reliance Infrastructure is active in the energy sector, focusing on power distribution in Delhi and power generation. The company also has interests in defence manufacturing and plays a key role in infrastructure development through special purpose vehicles (SPVs), including projects like the Mumbai Metro.

On a consolidated basis, Reliance Infrastructure reported a net profit of Rs 4,387.08 crore in Q4 March 2025 as against net loss of Rs 220.58 crore in Q4 March 2024. Net sales declined 12.33% YoY to Rs 4,108.01 crore in Q4 March 2025.

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